Xingda International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Xingda International Holdings has a total shareholder equity of CN¥8.5B and total debt of CN¥7.3B, which brings its debt-to-equity ratio to 85.1%. Its total assets and total liabilities are CN¥22.3B and CN¥13.8B respectively. Xingda International Holdings's EBIT is CN¥739.8M making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥2.5B.
Key information
85.1%
Debt to equity ratio
CN¥7.27b
Debt
| Interest coverage ratio | 7.3x |
| Cash | CN¥2.49b |
| Equity | CN¥8.54b |
| Total liabilities | CN¥13.77b |
| Total assets | CN¥22.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XDH's short term assets (CN¥12.2B) exceed its short term liabilities (CN¥11.7B).
Long Term Liabilities: XDH's short term assets (CN¥12.2B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: XDH's net debt to equity ratio (56%) is considered high.
Reducing Debt: XDH's debt to equity ratio has increased from 30.8% to 85.1% over the past 5 years.
Debt Coverage: XDH's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: XDH's interest payments on its debt are well covered by EBIT (7.3x coverage).