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
No updates
Recent updates
Financial 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.