Xinjiang Hejin HoldingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang Hejin HoldingLtd has a total shareholder equity of CN¥179.8M and total debt of CN¥30.3M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are CN¥233.2M and CN¥53.3M respectively. Xinjiang Hejin HoldingLtd's EBIT is CN¥7.0M making its interest coverage ratio 12. It has cash and short-term investments of CN¥24.8M.
Key information
16.8%
Debt to equity ratio
CN¥30.28m
Debt
Interest coverage ratio | 12x |
Cash | CN¥24.79m |
Equity | CN¥179.82m |
Total liabilities | CN¥53.35m |
Total assets | CN¥233.16m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000633's short term assets (CN¥136.9M) exceed its short term liabilities (CN¥23.4M).
Long Term Liabilities: 000633's short term assets (CN¥136.9M) exceed its long term liabilities (CN¥29.9M).
Debt to Equity History and Analysis
Debt Level: 000633's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 000633's debt to equity ratio has reduced from 548.7% to 16.8% over the past 5 years.
Debt Coverage: 000633's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: 000633's interest payments on its debt are well covered by EBIT (12x coverage).