XXF Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
XXF Group Holdings has a total shareholder equity of CN¥781.5M and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 238.7%. Its total assets and total liabilities are CN¥2.9B and CN¥2.1B respectively. XXF Group Holdings's EBIT is CN¥198.7M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥286.9M.
Key information
238.7%
Debt to equity ratio
CN¥1.87b
Debt
Interest coverage ratio | 1.2x |
Cash | CN¥286.89m |
Equity | CN¥781.45m |
Total liabilities | CN¥2.14b |
Total assets | CN¥2.92b |
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¥1.2B).
Long Term Liabilities: 2473's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥957.6M).
Debt to Equity History and Analysis
Debt Level: 2473's net debt to equity ratio (202%) 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 (0.07%).
Interest Coverage: 2473's interest payments on its debt are not well covered by EBIT (1.2x coverage).