XianheLtd Balance Sheet Health
Financial Health criteria checks 2/6
XianheLtd has a total shareholder equity of CN¥7.7B and total debt of CN¥9.8B, which brings its debt-to-equity ratio to 127.4%. Its total assets and total liabilities are CN¥20.8B and CN¥13.1B respectively. XianheLtd's EBIT is CN¥1.0B making its interest coverage ratio -15.3. It has cash and short-term investments of CN¥1.4B.
Key information
127.4%
Debt to equity ratio
CN¥9.76b
Debt
| Interest coverage ratio | -15.3x |
| Cash | CN¥1.44b |
| Equity | CN¥7.66b |
| Total liabilities | CN¥13.11b |
| Total assets | CN¥20.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603733's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 603733's short term assets (CN¥7.6B) do not cover its long term liabilities (CN¥8.2B).
Debt to Equity History and Analysis
Debt Level: 603733's net debt to equity ratio (108.6%) is considered high.
Reducing Debt: 603733's debt to equity ratio has increased from 32.9% to 127.4% over the past 5 years.
Debt Coverage: 603733's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 603733 earns more interest than it pays, so coverage of interest payments is not a concern.