Guangdong Xiongsu Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Xiongsu Technology Group has a total shareholder equity of CN¥2.3B and total debt of CN¥57.3M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥2.7B and CN¥401.8M respectively. Guangdong Xiongsu Technology Group's EBIT is CN¥11.4M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥868.5M.
Key information
2.5%
Debt to equity ratio
CN¥57.26m
Debt
Interest coverage ratio | -2.9x |
Cash | CN¥868.51m |
Equity | CN¥2.25b |
Total liabilities | CN¥401.79m |
Total assets | CN¥2.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300599's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥354.0M).
Long Term Liabilities: 300599's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥47.8M).
Debt to Equity History and Analysis
Debt Level: 300599 has more cash than its total debt.
Reducing Debt: 300599's debt to equity ratio has increased from 0.1% to 2.5% over the past 5 years.
Debt Coverage: 300599's debt is well covered by operating cash flow (300.2%).
Interest Coverage: 300599 earns more interest than it pays, so coverage of interest payments is not a concern.