Guangxi Xinxunda Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
Guangxi Xinxunda Technology Group has a total shareholder equity of CN¥1.2B and total debt of CN¥44.3M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥1.3B and CN¥156.5M respectively.
Key information
3.8%
Debt to equity ratio
CN¥44.31m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥165.82m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥156.49m |
| Total assets | CN¥1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300518's short term assets (CN¥320.6M) exceed its short term liabilities (CN¥98.8M).
Long Term Liabilities: 300518's short term assets (CN¥320.6M) exceed its long term liabilities (CN¥57.7M).
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 5.6% to 3.8% 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.