XGD Balance Sheet Health
Financial Health criteria checks 6/6
XGD has a total shareholder equity of CN¥4.4B and total debt of CN¥199.1M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥5.7B and CN¥1.3B respectively. XGD's EBIT is CN¥704.9M making its interest coverage ratio -6.1. It has cash and short-term investments of CN¥3.8B.
Key information
4.5%
Debt to equity ratio
CN¥199.06m
Debt
| Interest coverage ratio | -6.1x |
| Cash | CN¥3.77b |
| Equity | CN¥4.42b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥5.74b |
Recent financial health updates
Recent updates
XGD (SZSE:300130) Has A Rock Solid Balance Sheet
Oct 18
XGD Inc.'s (SZSE:300130) Share Price Boosted 39% But Its Business Prospects Need A Lift Too
Sep 30Do XGD's (SZSE:300130) Earnings Warrant Your Attention?
Sep 12Here's What To Make Of XGD's (SZSE:300130) Decelerating Rates Of Return
May 22XGD's (SZSE:300130) Earnings Offer More Than Meets The Eye
Apr 30Revenue Downgrade: Here's What Analysts Forecast For XGD Inc. (SZSE:300130)
Apr 14We Ran A Stock Scan For Earnings Growth And XGD (SZSE:300130) Passed With Ease
Mar 27Financial Position Analysis
Short Term Liabilities: 300130's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300130's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥99.9M).
Debt to Equity History and Analysis
Debt Level: 300130 has more cash than its total debt.
Reducing Debt: 300130's debt to equity ratio has reduced from 35.6% to 4.5% over the past 5 years.
Debt Coverage: 300130's debt is well covered by operating cash flow (551.2%).
Interest Coverage: 300130 earns more interest than it pays, so coverage of interest payments is not a concern.