Xinyi Electric Storage Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Xinyi Electric Storage Holdings has a total shareholder equity of HK$1.2B and total debt of HK$404.7M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are HK$2.2B and HK$973.8M respectively. Xinyi Electric Storage Holdings's EBIT is HK$114.5M making its interest coverage ratio 6.4. It has cash and short-term investments of HK$58.2M.
Key information
33.6%
Debt to equity ratio
HK$404.71m
Debt
Interest coverage ratio | 6.4x |
Cash | HK$58.23m |
Equity | HK$1.20b |
Total liabilities | HK$973.79m |
Total assets | HK$2.18b |
Recent financial health updates
These 4 Measures Indicate That Xinyi Electric Storage Holdings (HKG:8328) Is Using Debt Reasonably Well
Mar 26Xinyi Electric Storage Holdings (HKG:8328) Has A Somewhat Strained Balance Sheet
Aug 23Is Xinyi Electric Storage Holdings (HKG:8328) A Risky Investment?
May 11We Think Xinyi Electric Storage Holdings (HKG:8328) Can Stay On Top Of Its Debt
Dec 09Recent updates
Positive Sentiment Still Eludes Xinyi Electric Storage Holdings Limited (HKG:8328) Following 31% Share Price Slump
Jul 12Returns At Xinyi Electric Storage Holdings (HKG:8328) Are On The Way Up
Jun 27Xinyi Electric Storage Holdings Limited's (HKG:8328) 26% Cheaper Price Remains In Tune With Earnings
Apr 16These 4 Measures Indicate That Xinyi Electric Storage Holdings (HKG:8328) Is Using Debt Reasonably Well
Mar 26Risks Still Elevated At These Prices As Xinyi Electric Storage Holdings Limited (HKG:8328) Shares Dive 26%
Feb 11There Are Reasons To Feel Uneasy About Xinyi Electric Storage Holdings' (HKG:8328) Returns On Capital
Jan 06Xinyi Electric Storage Holdings (HKG:8328) Has A Somewhat Strained Balance Sheet
Aug 23Returns On Capital Signal Tricky Times Ahead For Xinyi Electric Storage Holdings (HKG:8328)
Jul 25Is Xinyi Electric Storage Holdings (HKG:8328) A Risky Investment?
May 11Here's What's Concerning About Xinyi Electric Storage Holdings' (HKG:8328) Returns On Capital
Apr 19We Ran A Stock Scan For Earnings Growth And Xinyi Electric Storage Holdings (HKG:8328) Passed With Ease
Jan 09Should You Be Adding Xinyi Electric Storage Holdings (HKG:8328) To Your Watchlist Today?
Oct 10We Think Xinyi Electric Storage Holdings (HKG:8328) Can Stay On Top Of Its Debt
Dec 09We Like These Underlying Return On Capital Trends At Xinyi Electric Storage Holdings (HKG:8328)
May 20Ching Sai Tung Is The Non-Executive Chairman of the Board of Xinyi Electric Storage Holdings Limited (HKG:8328) And Just Spent HK$6.0m On Shares
Mar 09Here’s What’s Happening With Returns At Xinyi Electric Storage Holdings (HKG:8328)
Feb 16If You Had Bought Xinyi Automobile Glass Hong Kong Enterprises (HKG:8328) Shares A Year Ago You'd Have Earned 174% Returns
Jan 26What Is The Ownership Structure Like For Xinyi Automobile Glass Hong Kong Enterprises Limited (HKG:8328)?
Jan 05Xinyi Automobile Glass Hong Kong Enterprises Limited's (HKG:8328) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 16Read This Before Selling Xinyi Automobile Glass Hong Kong Enterprises Limited (HKG:8328) Shares
Nov 24Financial Position Analysis
Short Term Liabilities: 8328's short term assets (HK$891.2M) exceed its short term liabilities (HK$811.1M).
Long Term Liabilities: 8328's short term assets (HK$891.2M) exceed its long term liabilities (HK$162.7M).
Debt to Equity History and Analysis
Debt Level: 8328's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: 8328's debt to equity ratio has increased from 0% to 33.6% over the past 5 years.
Debt Coverage: 8328's debt is well covered by operating cash flow (43.3%).
Interest Coverage: 8328's interest payments on its debt are well covered by EBIT (6.4x coverage).