Xinjiang Daqo New EnergyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xinjiang Daqo New EnergyLtd has a total shareholder equity of CN¥41.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥46.9B and CN¥5.0B respectively. Xinjiang Daqo New EnergyLtd's EBIT is CN¥110.7M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥5.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.4x |
| Cash | CN¥5.24b |
| Equity | CN¥41.91b |
| Total liabilities | CN¥5.01b |
| Total assets | CN¥46.92b |
Recent financial health updates
No updates
Recent updates
What Xinjiang Daqo New Energy Co.,Ltd.'s (SHSE:688303) 27% Share Price Gain Is Not Telling You
Sep 27
Xinjiang Daqo New EnergyLtd (SHSE:688303) Might Be Having Difficulty Using Its Capital Effectively
Aug 28Xinjiang Daqo New Energy Co.,Ltd. (SHSE:688303) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jul 05Xinjiang Daqo New EnergyLtd (SHSE:688303) Might Be Having Difficulty Using Its Capital Effectively
May 28Xinjiang Daqo New EnergyLtd's (SHSE:688303) Anemic Earnings Might Be Worse Than You Think
Apr 05Insufficient Growth At Xinjiang Daqo New Energy Co.,Ltd. (SHSE:688303) Hampers Share Price
Mar 27Financial Position Analysis
Short Term Liabilities: 688303's short term assets (CN¥17.8B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 688303's short term assets (CN¥17.8B) exceed its long term liabilities (CN¥664.4M).
Debt to Equity History and Analysis
Debt Level: 688303 is debt free.
Reducing Debt: 688303 has no debt compared to 5 years ago when its debt to equity ratio was 70.2%.
Debt Coverage: 688303 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688303 has no debt, therefore coverage of interest payments is not a concern.