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 |
| Cash | CN¥2.18b |
| Equity | CN¥3.48b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥4.96b |
Recent financial health updates
No updates
Recent updates
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.