Xinyi Glass Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Xinyi Glass Holdings has a total shareholder equity of HK$35.9B and total debt of HK$8.2B, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are HK$50.8B and HK$14.9B respectively. Xinyi Glass Holdings's EBIT is HK$5.7B making its interest coverage ratio 18.5. It has cash and short-term investments of HK$2.4B.
Key information
22.8%
Debt to equity ratio
HK$8.17b
Debt
| Interest coverage ratio | 18.5x |
| Cash | HK$2.39b |
| Equity | HK$35.87b |
| Total liabilities | HK$14.95b |
| Total assets | HK$50.81b |
Recent financial health updates
Does Xinyi Glass Holdings (HKG:868) Have A Healthy Balance Sheet?
Nov 27
Does Xinyi Glass Holdings (HKG:868) Have A Healthy Balance Sheet?
Aug 21These 4 Measures Indicate That Xinyi Glass Holdings (HKG:868) Is Using Debt Reasonably Well
Mar 14Does Xinyi Glass Holdings (HKG:868) Have A Healthy Balance Sheet?
Oct 19We Think Xinyi Glass Holdings (HKG:868) Can Stay On Top Of Its Debt
Jun 16Is Xinyi Glass Holdings (HKG:868) Using Too Much Debt?
Mar 02Recent updates
Xinyi Glass Holdings (HKG:868) Is Increasing Its Dividend To HK$0.37
Apr 26Lacklustre Performance Is Driving Xinyi Glass Holdings Limited's (HKG:868) Low P/E
Apr 22Returns On Capital At Xinyi Glass Holdings (HKG:868) Have Hit The Brakes
Mar 14Xinyi Glass Holdings (HKG:868) Will Pay A Larger Dividend Than Last Year At HK$0.37
Mar 02Is It Too Late To Consider Buying Xinyi Glass Holdings Limited (HKG:868)?
Feb 19Xinyi Glass Holdings Limited's (HKG:868) Shares Not Telling The Full Story
Dec 25Returns On Capital At Xinyi Glass Holdings (HKG:868) Paint A Concerning Picture
Dec 11Does Xinyi Glass Holdings (HKG:868) Have A Healthy Balance Sheet?
Nov 27Estimating The Intrinsic Value Of Xinyi Glass Holdings Limited (HKG:868)
Nov 15Why Xinyi Glass Holdings Limited (HKG:868) Could Be Worth Watching
Oct 23Investors Could Be Concerned With Xinyi Glass Holdings' (HKG:868) Returns On Capital
Sep 04Does Xinyi Glass Holdings (HKG:868) Have A Healthy Balance Sheet?
Aug 21Xinyi Glass Holdings (HKG:868) Is Paying Out Less In Dividends Than Last Year
Aug 02Is There Now An Opportunity In Xinyi Glass Holdings Limited (HKG:868)?
Jul 11Xinyi Glass Holdings' (HKG:868) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 04Investors Met With Slowing Returns on Capital At Xinyi Glass Holdings (HKG:868)
May 25A Look At The Fair Value Of Xinyi Glass Holdings Limited (HKG:868)
May 02Xinyi Glass Holdings (HKG:868) Has Announced That Its Dividend Will Be Reduced To HK$0.22
Apr 04These 4 Measures Indicate That Xinyi Glass Holdings (HKG:868) Is Using Debt Reasonably Well
Mar 14Xinyi Glass Holdings (HKG:868) Will Pay A Smaller Dividend Than Last Year
Mar 01We Like Xinyi Glass Holdings' (HKG:868) Returns And Here's How They're Trending
Feb 16When Should You Buy Xinyi Glass Holdings Limited (HKG:868)?
Feb 01A Look At The Intrinsic Value Of Xinyi Glass Holdings Limited (HKG:868)
Nov 24Returns On Capital Are A Standout For Xinyi Glass Holdings (HKG:868)
Nov 11Is Now The Time To Look At Buying Xinyi Glass Holdings Limited (HKG:868)?
Oct 31Does Xinyi Glass Holdings (HKG:868) Have A Healthy Balance Sheet?
Oct 19Calculating The Fair Value Of Xinyi Glass Holdings Limited (HKG:868)
Aug 19We Think Xinyi Glass Holdings (HKG:868) Might Have The DNA Of A Multi-Bagger
Aug 04Why Xinyi Glass Holdings Limited (HKG:868) Could Be Worth Watching
Jul 22If EPS Growth Is Important To You, Xinyi Glass Holdings (HKG:868) Presents An Opportunity
Jun 27We Think Xinyi Glass Holdings (HKG:868) Can Stay On Top Of Its Debt
Jun 16Xinyi Glass Holdings (HKG:868) Is Paying Out A Larger Dividend Than Last Year
Jun 03Xinyi Glass Holdings (HKG:868) Will Pay A Larger Dividend Than Last Year At HK$0.76
May 12Xinyi Glass Holdings' (HKG:868) Dividend Will Be Increased To HK$0.76
Apr 28Is Xinyi Glass Holdings Limited (HKG:868) Potentially Undervalued?
Apr 21Why The 27% Return On Capital At Xinyi Glass Holdings (HKG:868) Should Have Your Attention
Apr 07Is Xinyi Glass Holdings Limited (HKG:868) Trading At A 45% Discount?
Mar 27Is Xinyi Glass Holdings (HKG:868) Using Too Much Debt?
Mar 02Financial Position Analysis
Short Term Liabilities: 868's short term assets (HK$13.6B) exceed its short term liabilities (HK$11.3B).
Long Term Liabilities: 868's short term assets (HK$13.6B) exceed its long term liabilities (HK$3.6B).
Debt to Equity History and Analysis
Debt Level: 868's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: 868's debt to equity ratio has reduced from 53.3% to 22.8% over the past 5 years.
Debt Coverage: 868's debt is well covered by operating cash flow (51.6%).
Interest Coverage: 868's interest payments on its debt are well covered by EBIT (18.5x coverage).