XiangcaiLtd Balance Sheet Health
Financial Health criteria checks 3/6
XiangcaiLtd has a total shareholder equity of CN¥12.0B and total debt of CN¥10.2B, which brings its debt-to-equity ratio to 85%. Its total assets and total liabilities are CN¥37.8B and CN¥25.8B respectively.
Key information
85.0%
Debt to equity ratio
CN¥10.21b
Debt
Interest coverage ratio | n/a |
Cash | CN¥19.34b |
Equity | CN¥12.01b |
Total liabilities | CN¥25.76b |
Total assets | CN¥37.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600095's short term assets (CN¥29.3B) exceed its short term liabilities (CN¥21.8B).
Long Term Liabilities: 600095's short term assets (CN¥29.3B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 600095 has more cash than its total debt.
Reducing Debt: 600095's debt to equity ratio has increased from 4.9% to 85% over the past 5 years.
Debt Coverage: 600095's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600095's interest payments on its debt are well covered by EBIT.