XD Balance Sheet Health
Financial Health criteria checks 5/6
XD has a total shareholder equity of CN¥1.9B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 83.1%. Its total assets and total liabilities are CN¥4.4B and CN¥2.5B respectively. XD's EBIT is CN¥6.0M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥3.4B.
Key information
83.1%
Debt to equity ratio
CN¥1.55b
Debt
| Interest coverage ratio | 0.3x |
| Cash | CN¥3.35b |
| Equity | CN¥1.87b |
| Total liabilities | CN¥2.54b |
| Total assets | CN¥4.41b |
Recent financial health updates
Does XD (HKG:2400) Have A Healthy Balance Sheet?
Mar 29
Is XD (HKG:2400) Using Debt In A Risky Way?
Dec 04Is XD (HKG:2400) A Risky Investment?
Sep 01XD (HKG:2400) Has Debt But No Earnings; Should You Worry?
Sep 28XD (HKG:2400) Has Debt But No Earnings; Should You Worry?
Dec 01Is XD (HKG:2400) Using Debt In A Risky Way?
Sep 02Recent updates
XD Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Mar 31Does XD (HKG:2400) Have A Healthy Balance Sheet?
Mar 29Revenues Not Telling The Story For XD Inc. (HKG:2400) After Shares Rise 80%
Feb 22XD Inc. (HKG:2400) Not Doing Enough For Some Investors As Its Shares Slump 36%
Dec 23Is XD (HKG:2400) Using Debt In A Risky Way?
Dec 04Is XD (HKG:2400) A Risky Investment?
Sep 01Should You Investigate XD Inc. (HKG:2400) At HK$23.30?
May 12The XD Inc. (HKG:2400) Yearly Results Are Out And Analysts Have Published New Forecasts
Apr 02XD (HKG:2400) Has Debt But No Earnings; Should You Worry?
Sep 28XD Inc. (HKG:2400) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jun 21XD Inc.'s (HKG:2400) Intrinsic Value Is Potentially 22% Below Its Share Price
Mar 07XD (HKG:2400) Has Debt But No Earnings; Should You Worry?
Dec 01Is XD (HKG:2400) Using Debt In A Risky Way?
Sep 02XD Inc. (HKG:2400) Analysts Just Cut Their EPS Forecasts Substantially
Mar 28Can You Imagine How Jubilant XD's (HKG:2400) Shareholders Feel About Its 115% Share Price Gain?
Mar 11XD Inc.'s (HKG:2400) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 18Could The XD Inc. (HKG:2400) Ownership Structure Tell Us Something Useful?
Jan 31Have Insiders Been Buying XD Inc. (HKG:2400) Shares?
Jan 12
We Like These Underlying Trends At XD (HKG:2400)
Dec 25Here's Why XD's (HKG:2400) Statutory Earnings Are Arguably Too Conservative
Dec 07Financial Position Analysis
Short Term Liabilities: 2400's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 2400's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥158.6M).
Debt to Equity History and Analysis
Debt Level: 2400 has more cash than its total debt.
Reducing Debt: 2400's debt to equity ratio has increased from 0% to 83.1% over the past 5 years.
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: Whilst unprofitable 2400 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2400 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 33.9% per year.