Xinhu ZhongbaoLtd Balance Sheet Health
Financial Health criteria checks 4/6
Xinhu ZhongbaoLtd has a total shareholder equity of CN¥43.1B and total debt of CN¥29.9B, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are CN¥108.3B and CN¥65.2B respectively. Xinhu ZhongbaoLtd's EBIT is CN¥4.4B making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥6.1B.
Key information
69.5%
Debt to equity ratio
CN¥29.94b
Debt
| Interest coverage ratio | -1.6x |
| Cash | CN¥6.12b |
| Equity | CN¥43.11b |
| Total liabilities | CN¥65.23b |
| Total assets | CN¥108.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600208's short term assets (CN¥51.6B) exceed its short term liabilities (CN¥50.9B).
Long Term Liabilities: 600208's short term assets (CN¥51.6B) exceed its long term liabilities (CN¥14.3B).
Debt to Equity History and Analysis
Debt Level: 600208's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 600208's debt to equity ratio has reduced from 229.6% to 69.5% over the past 5 years.
Debt Coverage: 600208's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600208 earns more interest than it pays, so coverage of interest payments is not a concern.