Chengdu Xuguang Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Chengdu Xuguang Electronics has a total shareholder equity of CN¥1.9B and total debt of CN¥297.5M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are CN¥3.0B and CN¥1.1B respectively. Chengdu Xuguang Electronics's EBIT is CN¥139.9M making its interest coverage ratio 17.5. It has cash and short-term investments of CN¥300.0M.
Key information
15.8%
Debt to equity ratio
CN¥297.54m
Debt
Interest coverage ratio | 17.5x |
Cash | CN¥299.98m |
Equity | CN¥1.88b |
Total liabilities | CN¥1.14b |
Total assets | CN¥3.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600353's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥876.3M).
Long Term Liabilities: 600353's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥263.6M).
Debt to Equity History and Analysis
Debt Level: 600353 has more cash than its total debt.
Reducing Debt: 600353's debt to equity ratio has increased from 4.1% to 15.8% over the past 5 years.
Debt Coverage: 600353's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 600353's interest payments on its debt are well covered by EBIT (17.5x coverage).