China Xinhua Education Group Balance Sheet Health
Financial Health criteria checks 4/6
China Xinhua Education Group has a total shareholder equity of CN¥3.6B and total debt of CN¥544.0M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CN¥4.4B and CN¥762.3M respectively. China Xinhua Education Group's EBIT is CN¥344.9M making its interest coverage ratio -817.3. It has cash and short-term investments of CN¥260.2M.
Key information
15.1%
Debt to equity ratio
CN¥543.98m
Debt
| Interest coverage ratio | -817.3x |
| Cash | CN¥260.22m |
| Equity | CN¥3.59b |
| Total liabilities | CN¥762.29m |
| Total assets | CN¥4.36b |
Recent financial health updates
China Xinhua Education Group (HKG:2779) Could Easily Take On More Debt
Nov 25
China Xinhua Education Group (HKG:2779) Has A Rock Solid Balance Sheet
Dec 06These 4 Measures Indicate That China Xinhua Education Group (HKG:2779) Is Using Debt Safely
Apr 15Recent updates
Benign Growth For China Xinhua Education Group Limited (HKG:2779) Underpins Its Share Price
Sep 26China Xinhua Education Group's (HKG:2779) Dividend Is Being Reduced To CN¥0.0632
Jun 19China Xinhua Education Group's (HKG:2779) Dividend Is Being Reduced To CN¥0.0632
May 01China Xinhua Education Group Limited (HKG:2779) Shares Fly 31% But Investors Aren't Buying For Growth
Feb 26China Xinhua Education Group (HKG:2779) May Have Issues Allocating Its Capital
Feb 22Returns On Capital Signal Tricky Times Ahead For China Xinhua Education Group (HKG:2779)
Aug 14China Xinhua Education Group (HKG:2779) Could Easily Take On More Debt
Nov 25China Xinhua Education Group (HKG:2779) Could Be Struggling To Allocate Capital
Oct 02China Xinhua Education Group's (HKG:2779) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 17Here's What's Concerning About China Xinhua Education Group's (HKG:2779) Returns On Capital
Jun 16China Xinhua Education Group (HKG:2779) Is Paying Out A Larger Dividend Than Last Year
Apr 27China Xinhua Education Group (HKG:2779) Has Announced That It Will Be Increasing Its Dividend To HK$0.11
Apr 04China Xinhua Education Group (HKG:2779) Has A Rock Solid Balance Sheet
Dec 06China Xinhua Education Group (HKG:2779) Will Want To Turn Around Its Return Trends
Oct 18At HK$1.68, Is China Xinhua Education Group Limited (HKG:2779) Worth Looking At Closely?
Jul 27There Are Reasons To Feel Uneasy About China Xinhua Education Group's (HKG:2779) Returns On Capital
Apr 30These 4 Measures Indicate That China Xinhua Education Group (HKG:2779) Is Using Debt Safely
Apr 15Is China Xinhua Education Group Limited (HKG:2779) Potentially Undervalued?
Mar 12China Xinhua Education Group Limited (HKG:2779) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Feb 27China Xinhua Education Group Limited (HKG:2779) Insiders Increased Their Holdings
Feb 14
How Does China Xinhua Education Group Limited (HKG:2779) Fare As A Dividend Stock?
Feb 01Here's What To Make Of China Xinhua Education Group's (HKG:2779) Returns On Capital
Jan 19Are China Xinhua Education Group Limited (HKG:2779) Investors Paying Above The Intrinsic Value?
Jan 06What You Need To Know About China Xinhua Education Group Limited's (HKG:2779) Investor Composition
Dec 24Is China Xinhua Education Group Limited (HKG:2779) Potentially Undervalued?
Dec 11Will Weakness in China Xinhua Education Group Limited's (HKG:2779) Stock Prove Temporary Given Strong Fundamentals?
Nov 28Financial Position Analysis
Short Term Liabilities: 2779's short term assets (CN¥480.1M) exceed its short term liabilities (CN¥268.3M).
Long Term Liabilities: 2779's short term assets (CN¥480.1M) do not cover its long term liabilities (CN¥494.0M).
Debt to Equity History and Analysis
Debt Level: 2779's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: 2779's debt to equity ratio has increased from 0% to 15.1% over the past 5 years.
Debt Coverage: 2779's debt is well covered by operating cash flow (73.4%).
Interest Coverage: 2779 earns more interest than it pays, so coverage of interest payments is not a concern.