XJ International Holdings Balance Sheet Health
Financial Health criteria checks 2/6
XJ International Holdings has a total shareholder equity of CN¥8.6B and total debt of CN¥6.2B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are CN¥21.7B and CN¥13.1B respectively. XJ International Holdings's EBIT is CN¥764.9M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥2.6B.
Key information
71.9%
Debt to equity ratio
CN¥6.21b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥2.61b |
| Equity | CN¥8.64b |
| Total liabilities | CN¥13.11b |
| Total assets | CN¥21.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HE1's short term assets (CN¥4.0B) do not cover its short term liabilities (CN¥10.5B).
Long Term Liabilities: HE1's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: HE1's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: HE1's debt to equity ratio has increased from 53.6% to 71.9% over the past 5 years.
Debt Coverage: HE1's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: HE1's interest payments on its debt are well covered by EBIT (3.4x coverage).