Xinjiang Hejin HoldingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang Hejin HoldingLtd has a total shareholder equity of CN¥190.3M and total debt of CN¥30.6M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥292.6M and CN¥102.3M respectively. Xinjiang Hejin HoldingLtd's EBIT is CN¥3.9M making its interest coverage ratio 12.5. It has cash and short-term investments of CN¥21.2M.
Key information
16.1%
Debt to equity ratio
CN¥30.62m
Debt
| Interest coverage ratio | 12.5x |
| Cash | CN¥21.23m |
| Equity | CN¥190.31m |
| Total liabilities | CN¥102.31m |
| Total assets | CN¥292.62m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000633's short term assets (CN¥162.6M) exceed its short term liabilities (CN¥71.6M).
Long Term Liabilities: 000633's short term assets (CN¥162.6M) exceed its long term liabilities (CN¥30.7M).
Debt to Equity History and Analysis
Debt Level: 000633's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 000633's debt to equity ratio has reduced from 441.9% to 16.1% over the past 5 years.
Debt Coverage: 000633's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000633's interest payments on its debt are well covered by EBIT (12.5x coverage).