Xi'an Actionpower Electric Balance Sheet Health
Financial Health criteria checks 5/6
Xi'an Actionpower Electric has a total shareholder equity of CN¥1.8B and total debt of CN¥77.0M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥2.3B and CN¥582.5M respectively. Xi'an Actionpower Electric's EBIT is CN¥53.0M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥902.6M.
Key information
4.4%
Debt to equity ratio
CN¥77.01m
Debt
| Interest coverage ratio | -4.3x |
| Cash | CN¥902.62m |
| Equity | CN¥1.76b |
| Total liabilities | CN¥582.51m |
| Total assets | CN¥2.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688719's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥567.0M).
Long Term Liabilities: 688719's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥15.5M).
Debt to Equity History and Analysis
Debt Level: 688719 has more cash than its total debt.
Reducing Debt: 688719's debt to equity ratio has reduced from 72% to 4.4% over the past 5 years.
Debt Coverage: 688719's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 688719 earns more interest than it pays, so coverage of interest payments is not a concern.