XinXiang Era Group Balance Sheet Health
Financial Health criteria checks 0/6
XinXiang Era Group has a total shareholder equity of HK$-10.8M and total debt of HK$4.8M, which brings its debt-to-equity ratio to -44.6%. Its total assets and total liabilities are HK$87.7M and HK$98.5M respectively. XinXiang Era Group's EBIT is HK$3.9M making its interest coverage ratio 1.4. It has cash and short-term investments of HK$10.4M.
Key information
-44.6%
Debt to equity ratio
HK$4.83m
Debt
| Interest coverage ratio | 1.4x |
| Cash | HK$10.36m |
| Equity | -HK$10.83m |
| Total liabilities | HK$98.49m |
| Total assets | HK$87.66m |
Recent financial health updates
Does Jia Group Holdings (HKG:8519) Have A Healthy Balance Sheet?
Dec 20
We Think Jia Group Holdings (HKG:8519) Has A Fair Chunk Of Debt
Dec 13Jia Group Holdings (HKG:8519) Has Debt But No Earnings; Should You Worry?
Aug 14Recent updates
Does Jia Group Holdings (HKG:8519) Have A Healthy Balance Sheet?
Dec 20Improved Revenues Required Before Jia Group Holdings Limited (HKG:8519) Stock's 42% Jump Looks Justified
Apr 17A Look At The Intrinsic Value Of Jia Group Holdings Limited (HKG:8519)
May 26We Think Jia Group Holdings (HKG:8519) Has A Fair Chunk Of Debt
Dec 13Jia Group Holdings (HKG:8519) Has Debt But No Earnings; Should You Worry?
Aug 14Here's Why Some Shareholders May Not Be Too Generous With Jia Group Holdings Limited's (HKG:8519) CEO Compensation This Year
May 18A Look At The Fair Value Of Jia Group Holdings Limited (HKG:8519)
Mar 25The Chairperson & CEO of Jia Group Holdings limited (HKG:8519), Pui Yain Wong, Just Bought A Few More Shares
Jan 10The Chairperson & CEO of Jia Group Holdings limited (HKG:8519), Pui Yain Wong, Just Bought A Few More Shares
Dec 17
Financial Position Analysis
Short Term Liabilities: 8519 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8519 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8519 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 8519's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 8519 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8519 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.