Xingfa Aluminium Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Xingfa Aluminium Holdings has a total shareholder equity of CN¥5.3B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are CN¥12.9B and CN¥7.5B respectively. Xingfa Aluminium Holdings's EBIT is CN¥972.5M making its interest coverage ratio 13. It has cash and short-term investments of CN¥2.8B.
Key information
59.1%
Debt to equity ratio
CN¥3.15b
Debt
| Interest coverage ratio | 13x |
| Cash | CN¥2.84b |
| Equity | CN¥5.33b |
| Total liabilities | CN¥7.54b |
| Total assets | CN¥12.87b |
Recent financial health updates
Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?
Sep 28
Xingfa Aluminium Holdings (HKG:98) Has A Pretty Healthy Balance Sheet
Sep 26These 4 Measures Indicate That Xingfa Aluminium Holdings (HKG:98) Is Using Debt Reasonably Well
Jun 02Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?
Oct 04Recent updates
Xingfa Aluminium Holdings Limited's (HKG:98) Popularity With Investors Is Under Threat From Overpricing
Mar 19Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?
Sep 28Xingfa Aluminium Holdings (HKG:98) Has A Pretty Healthy Balance Sheet
Sep 26Here's Why We Think Xingfa Aluminium Holdings (HKG:98) Might Deserve Your Attention Today
Jul 28These 4 Measures Indicate That Xingfa Aluminium Holdings (HKG:98) Is Using Debt Reasonably Well
Jun 02Xingfa Aluminium Holdings (HKG:98) Will Pay A Larger Dividend Than Last Year At HK$0.80
May 05Xingfa Aluminium Holdings (HKG:98) Has Announced That It Will Be Increasing Its Dividend To HK$0.80
Apr 21Xingfa Aluminium Holdings' (HKG:98) Dividend Will Be Increased To HK$0.80
Apr 07Why You Should Care About Xingfa Aluminium Holdings' (HKG:98) Strong Returns On Capital
Nov 05Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?
Oct 04Here's Why I Think Xingfa Aluminium Holdings (HKG:98) Is An Interesting Stock
Jun 10We Take A Look At Why Xingfa Aluminium Holdings Limited's (HKG:98) CEO Has Earned Their Pay Packet
May 20The Market Lifts Xingfa Aluminium Holdings Limited (HKG:98) Shares 27% But It Can Do More
Apr 13Shareholders Are Loving Xingfa Aluminium Holdings Limited's (HKG:98) 3.8% Yield
Mar 08Financial Position Analysis
Short Term Liabilities: 98's short term assets (CN¥8.6B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 98's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 98's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 98's debt to equity ratio has reduced from 73.7% to 59.1% over the past 5 years.
Debt Coverage: 98's debt is well covered by operating cash flow (46.6%).
Interest Coverage: 98's interest payments on its debt are well covered by EBIT (13x coverage).