Jiangsu Xiehe ElectronicLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Xiehe ElectronicLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥29.5M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥1.5B and CN¥276.3M respectively. Jiangsu Xiehe ElectronicLtd's EBIT is CN¥32.6M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥268.5M.
Key information
2.5%
Debt to equity ratio
CN¥29.52m
Debt
Interest coverage ratio | -4.7x |
Cash | CN¥268.52m |
Equity | CN¥1.19b |
Total liabilities | CN¥276.26m |
Total assets | CN¥1.46b |
Recent financial health updates
No updates
Recent updates
Jiangsu Xiehe ElectronicLtd's (SHSE:605258) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 25What Jiangsu Xiehe Electronic Co.,Ltd.'s (SHSE:605258) 47% Share Price Gain Is Not Telling You
Mar 08Capital Allocation Trends At Jiangsu Xiehe ElectronicLtd (SHSE:605258) Aren't Ideal
Feb 28Financial Position Analysis
Short Term Liabilities: 605258's short term assets (CN¥858.0M) exceed its short term liabilities (CN¥248.1M).
Long Term Liabilities: 605258's short term assets (CN¥858.0M) exceed its long term liabilities (CN¥28.2M).
Debt to Equity History and Analysis
Debt Level: 605258 has more cash than its total debt.
Reducing Debt: 605258's debt to equity ratio has reduced from 26.5% to 2.5% over the past 5 years.
Debt Coverage: 605258's debt is well covered by operating cash flow (154.3%).
Interest Coverage: 605258 earns more interest than it pays, so coverage of interest payments is not a concern.