Xingda International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Xingda International Holdings has a total shareholder equity of CN¥8.3B and total debt of CN¥6.6B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are CN¥20.7B and CN¥12.4B respectively. Xingda International Holdings's EBIT is CN¥834.3M making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥2.7B.
Key information
79.9%
Debt to equity ratio
CN¥6.63b
Debt
Interest coverage ratio | 4.7x |
Cash | CN¥2.66b |
Equity | CN¥8.30b |
Total liabilities | CN¥12.42b |
Total assets | CN¥20.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XDH's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥11.6B).
Long Term Liabilities: XDH's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥852.8M).
Debt to Equity History and Analysis
Debt Level: XDH's net debt to equity ratio (47.9%) is considered high.
Reducing Debt: XDH's debt to equity ratio has increased from 17.1% to 79.9% over the past 5 years.
Debt Coverage: XDH's debt is well covered by operating cash flow (34.8%).
Interest Coverage: XDH's interest payments on its debt are well covered by EBIT (4.7x coverage).