XianheLtd Balance Sheet Health
Financial Health criteria checks 3/6
XianheLtd has a total shareholder equity of CN¥7.6B and total debt of CN¥9.8B, which brings its debt-to-equity ratio to 127.9%. Its total assets and total liabilities are CN¥20.5B and CN¥12.9B respectively. XianheLtd's EBIT is CN¥804.0M making its interest coverage ratio -11.5. It has cash and short-term investments of CN¥874.2M.
Key information
127.9%
Debt to equity ratio
CN¥9.77b
Debt
Interest coverage ratio | -11.5x |
Cash | CN¥874.19m |
Equity | CN¥7.63b |
Total liabilities | CN¥12.85b |
Total assets | CN¥20.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603733's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 603733's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥7.1B).
Debt to Equity History and Analysis
Debt Level: 603733's net debt to equity ratio (116.5%) is considered high.
Reducing Debt: 603733's debt to equity ratio has increased from 39.2% to 127.9% over the past 5 years.
Debt Coverage: 603733's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 603733 earns more interest than it pays, so coverage of interest payments is not a concern.