Xinhuanet Balance Sheet Health

Financial Health criteria checks 6/6

Xinhuanet has a total shareholder equity of CN¥3.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.0B and CN¥1.5B respectively. Xinhuanet's EBIT is CN¥140.4M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥2.2B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-2.6x
CashCN¥2.18b
EquityCN¥3.48b
Total liabilitiesCN¥1.49b
Total assetsCN¥4.96b

Recent financial health updates

No updates

Recent updates

Do Xinhuanet's (SHSE:603888) Earnings Warrant Your Attention?

Aug 22
Do Xinhuanet's (SHSE:603888) Earnings Warrant Your Attention?

Xinhuanet (SHSE:603888) Has Some Difficulty Using Its Capital Effectively

Jul 17
Xinhuanet (SHSE:603888) Has Some Difficulty Using Its Capital Effectively

Xinhuanet Co., Ltd. (SHSE:603888) Investors Are Less Pessimistic Than Expected

Jun 26
Xinhuanet Co., Ltd. (SHSE:603888) Investors Are Less Pessimistic Than Expected

Xinhuanet's (SHSE:603888) Shareholders May Want To Dig Deeper Than Statutory Profit

May 02
Xinhuanet's (SHSE:603888) Shareholders May Want To Dig Deeper Than Statutory Profit

Investors Could Be Concerned With Xinhuanet's (SHSE:603888) Returns On Capital

Mar 23
Investors Could Be Concerned With Xinhuanet's (SHSE:603888) Returns On Capital

Earnings Not Telling The Story For Xinhuanet Co., Ltd. (SHSE:603888) After Shares Rise 35%

Mar 01
Earnings Not Telling The Story For Xinhuanet Co., Ltd. (SHSE:603888) After Shares Rise 35%

Do Xinhuanet's (SHSE:603888) Earnings Warrant Your Attention?

Feb 29
Do Xinhuanet's (SHSE:603888) Earnings Warrant Your Attention?

Financial Position Analysis

Short Term Liabilities: 603888's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 603888's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥437.2M).


Debt to Equity History and Analysis

Debt Level: 603888 is debt free.

Reducing Debt: 603888 has not had any debt for past 5 years.

Debt Coverage: 603888 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603888 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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