XianheLtd Balance Sheet Health
Financial Health criteria checks 2/6
XianheLtd has a total shareholder equity of CN¥7.9B and total debt of CN¥10.8B, which brings its debt-to-equity ratio to 136.2%. Its total assets and total liabilities are CN¥22.4B and CN¥14.5B respectively. XianheLtd's EBIT is CN¥1.1B making its interest coverage ratio -116.1. It has cash and short-term investments of CN¥1.1B.
Key information
136.2%
Debt to equity ratio
CN¥10.80b
Debt
| Interest coverage ratio | -116.1x |
| Cash | CN¥1.15b |
| Equity | CN¥7.94b |
| Total liabilities | CN¥14.51b |
| Total assets | CN¥22.45b |
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¥5.2B).
Long Term Liabilities: 603733's short term assets (CN¥8.2B) do not cover its long term liabilities (CN¥9.3B).
Debt to Equity History and Analysis
Debt Level: 603733's net debt to equity ratio (121.7%) is considered high.
Reducing Debt: 603733's debt to equity ratio has increased from 31.8% to 136.2% over the past 5 years.
Debt Coverage: 603733's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: 603733 earns more interest than it pays, so coverage of interest payments is not a concern.