Xinchen China Power Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Xinchen China Power Holdings has a total shareholder equity of CN¥1.7B and total debt of CN¥600.8M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are CN¥5.5B and CN¥3.8B respectively.
Key information
35.0%
Debt to equity ratio
CN¥600.82m
Debt
Interest coverage ratio | n/a |
Cash | CN¥23.84m |
Equity | CN¥1.72b |
Total liabilities | CN¥3.79b |
Total assets | CN¥5.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4XI's short term assets (CN¥3.0B) do not cover its short term liabilities (CN¥3.3B).
Long Term Liabilities: 4XI's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥476.9M).
Debt to Equity History and Analysis
Debt Level: 4XI's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 4XI's debt to equity ratio has reduced from 65.3% to 35% over the past 5 years.
Debt Coverage: 4XI's debt is well covered by operating cash flow (36.2%).
Interest Coverage: Insufficient data to determine if 4XI's interest payments on its debt are well covered by EBIT.