XDC Industries (Shenzhen) Balance Sheet Health
Financial Health criteria checks 5/6
XDC Industries (Shenzhen) has a total shareholder equity of CN¥531.3M and total debt of CN¥40.1M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CN¥682.3M and CN¥150.9M respectively. XDC Industries (Shenzhen)'s EBIT is CN¥31.6M making its interest coverage ratio 319.8. It has cash and short-term investments of CN¥247.1M.
Key information
7.5%
Debt to equity ratio
CN¥40.07m
Debt
| Interest coverage ratio | 319.8x |
| Cash | CN¥247.12m |
| Equity | CN¥531.31m |
| Total liabilities | CN¥150.94m |
| Total assets | CN¥682.25m |
Recent financial health updates
No updates
Recent updates
What You Can Learn From XDC Industries (Shenzhen) Limited's (SZSE:300615) P/EAfter Its 25% Share Price Crash
Apr 22
XDC Industries (Shenzhen) (SZSE:300615) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 01Further Upside For XDC Industries (Shenzhen) Limited (SZSE:300615) Shares Could Introduce Price Risks After 37% Bounce
Mar 07Financial Position Analysis
Short Term Liabilities: 300615's short term assets (CN¥483.5M) exceed its short term liabilities (CN¥113.5M).
Long Term Liabilities: 300615's short term assets (CN¥483.5M) exceed its long term liabilities (CN¥37.4M).
Debt to Equity History and Analysis
Debt Level: 300615 has more cash than its total debt.
Reducing Debt: 300615's debt to equity ratio has increased from 0% to 7.5% over the past 5 years.
Debt Coverage: 300615's debt is well covered by operating cash flow (228.4%).
Interest Coverage: 300615's interest payments on its debt are well covered by EBIT (319.8x coverage).