Quzhou Xin'an Development Balance Sheet Health
Financial Health criteria checks 4/6
Quzhou Xin'an Development has a total shareholder equity of CN¥44.7B and total debt of CN¥36.0B, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are CN¥100.9B and CN¥56.2B respectively. Quzhou Xin'an Development's EBIT is CN¥6.5B making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥6.9B.
Key information
80.7%
Debt to equity ratio
CN¥36.04b
Debt
| Interest coverage ratio | -9.8x |
| Cash | CN¥6.87b |
| Equity | CN¥44.67b |
| Total liabilities | CN¥56.21b |
| Total assets | CN¥100.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600208's short term assets (CN¥44.1B) exceed its short term liabilities (CN¥43.8B).
Long Term Liabilities: 600208's short term assets (CN¥44.1B) exceed its long term liabilities (CN¥12.4B).
Debt to Equity History and Analysis
Debt Level: 600208's net debt to equity ratio (65.3%) is considered high.
Reducing Debt: 600208's debt to equity ratio has reduced from 202.1% to 80.7% over the past 5 years.
Debt Coverage: 600208's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: 600208 earns more interest than it pays, so coverage of interest payments is not a concern.