Xinjiang Lixin Energy Balance Sheet Health
Financial Health criteria checks 2/6
Xinjiang Lixin Energy has a total shareholder equity of CN¥3.0B and total debt of CN¥6.4B, which brings its debt-to-equity ratio to 216%. Its total assets and total liabilities are CN¥9.9B and CN¥7.0B respectively. Xinjiang Lixin Energy's EBIT is CN¥283.7M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥627.2M.
Key information
216.0%
Debt to equity ratio
CN¥6.40b
Debt
Interest coverage ratio | 1.7x |
Cash | CN¥627.23m |
Equity | CN¥2.96b |
Total liabilities | CN¥6.96b |
Total assets | CN¥9.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001258's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 001258's short term assets (CN¥2.7B) do not cover its long term liabilities (CN¥5.7B).
Debt to Equity History and Analysis
Debt Level: 001258's net debt to equity ratio (194.8%) is considered high.
Reducing Debt: 001258's debt to equity ratio has reduced from 270% to 216% over the past 5 years.
Debt Coverage: 001258's debt is not well covered by operating cash flow (7%).
Interest Coverage: 001258's interest payments on its debt are not well covered by EBIT (1.7x coverage).