Xinjiang Hejin HoldingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang Hejin HoldingLtd has a total shareholder equity of CN¥184.1M and total debt of CN¥29.2M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are CN¥237.5M and CN¥53.5M respectively. Xinjiang Hejin HoldingLtd's EBIT is CN¥9.4M making its interest coverage ratio 31.1. It has cash and short-term investments of CN¥20.2M.
Key information
15.8%
Debt to equity ratio
CN¥29.15m
Debt
| Interest coverage ratio | 31.1x |
| Cash | CN¥20.24m |
| Equity | CN¥184.06m |
| Total liabilities | CN¥53.46m |
| Total assets | CN¥237.52m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000633's short term assets (CN¥141.7M) exceed its short term liabilities (CN¥24.8M).
Long Term Liabilities: 000633's short term assets (CN¥141.7M) exceed its long term liabilities (CN¥28.7M).
Debt to Equity History and Analysis
Debt Level: 000633's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 000633's debt to equity ratio has reduced from 480.5% to 15.8% over the past 5 years.
Debt Coverage: 000633's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 000633's interest payments on its debt are well covered by EBIT (31.1x coverage).