Xiandai InvestmentLtd Balance Sheet Health
Financial Health criteria checks 0/6
Xiandai InvestmentLtd has a total shareholder equity of CN¥14.4B and total debt of CN¥26.7B, which brings its debt-to-equity ratio to 185.2%. Its total assets and total liabilities are CN¥58.5B and CN¥44.1B respectively. Xiandai InvestmentLtd's EBIT is CN¥1.8B making its interest coverage ratio 2. It has cash and short-term investments of CN¥4.2B.
Key information
185.2%
Debt to equity ratio
CN¥26.67b
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥4.21b |
| Equity | CN¥14.40b |
| Total liabilities | CN¥44.11b |
| Total assets | CN¥58.51b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000900's short term assets (CN¥9.1B) do not cover its short term liabilities (CN¥22.6B).
Long Term Liabilities: 000900's short term assets (CN¥9.1B) do not cover its long term liabilities (CN¥21.5B).
Debt to Equity History and Analysis
Debt Level: 000900's net debt to equity ratio (156%) is considered high.
Reducing Debt: 000900's debt to equity ratio has increased from 109.7% to 185.2% over the past 5 years.
Debt Coverage: 000900's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 000900's interest payments on its debt are not well covered by EBIT (2x coverage).