XXF Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
XXF Group Holdings has a total shareholder equity of CN¥803.8M and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 247.7%. Its total assets and total liabilities are CN¥2.9B and CN¥2.1B respectively. XXF Group Holdings's EBIT is CN¥205.5M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥248.3M.
Key information
247.7%
Debt to equity ratio
CN¥1.99b
Debt
| Interest coverage ratio | 1.3x |
| Cash | CN¥248.34m |
| Equity | CN¥803.80m |
| Total liabilities | CN¥2.14b |
| Total assets | CN¥2.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2473's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 2473's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 2473's net debt to equity ratio (216.8%) is considered high.
Reducing Debt: Insufficient data to determine if 2473's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2473's debt is not well covered by operating cash flow (0.09%).
Interest Coverage: 2473's interest payments on its debt are not well covered by EBIT (1.3x coverage).