Guangxi Xinxunda Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
Guangxi Xinxunda Technology Group has a total shareholder equity of CN¥1.3B and total debt of CN¥60.6M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are CN¥1.5B and CN¥156.7M respectively.
Key information
4.6%
Debt to equity ratio
CN¥60.61m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥345.95m |
| Equity | CN¥1.31b |
| Total liabilities | CN¥156.67m |
| Total assets | CN¥1.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300518's short term assets (CN¥468.3M) exceed its short term liabilities (CN¥105.3M).
Long Term Liabilities: 300518's short term assets (CN¥468.3M) exceed its long term liabilities (CN¥51.4M).
Debt to Equity History and Analysis
Debt Level: 300518 has more cash than its total debt.
Reducing Debt: 300518's debt to equity ratio has reduced from 19.5% to 4.6% over the past 5 years.
Debt Coverage: 300518's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300518's interest payments on its debt are well covered by EBIT.