Xin Yuan Enterprises Group Balance Sheet Health
Financial Health criteria checks 3/6
Xin Yuan Enterprises Group has a total shareholder equity of $124.4M and total debt of $58.2M, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are $187.7M and $63.4M respectively. Xin Yuan Enterprises Group's EBIT is $12.5M making its interest coverage ratio 2.6. It has cash and short-term investments of $23.6M.
Key information
46.8%
Debt to equity ratio
US$58.23m
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$23.56m |
| Equity | US$124.37m |
| Total liabilities | US$63.36m |
| Total assets | US$187.72m |
Recent financial health updates
Is Xin Yuan Enterprises Group (HKG:1748) Using Too Much Debt?
May 10
Xin Yuan Enterprises Group (HKG:1748) Has A Somewhat Strained Balance Sheet
Oct 11Does Xin Yuan Enterprises Group (HKG:1748) Have A Healthy Balance Sheet?
Mar 29Here's Why Xin Yuan Enterprises Group (HKG:1748) Has A Meaningful Debt Burden
Apr 16Recent updates
Returns At Xin Yuan Enterprises Group (HKG:1748) Appear To Be Weighed Down
Nov 16Is Xin Yuan Enterprises Group (HKG:1748) Using Too Much Debt?
May 10Xin Yuan Enterprises Group (HKG:1748) Has A Somewhat Strained Balance Sheet
Oct 11Returns On Capital Signal Tricky Times Ahead For Xin Yuan Enterprises Group (HKG:1748)
Aug 01Xin Yuan Enterprises Group (HKG:1748) Will Be Hoping To Turn Its Returns On Capital Around
Apr 28Does Xin Yuan Enterprises Group (HKG:1748) Have A Healthy Balance Sheet?
Mar 29Xin Yuan Enterprises Group (HKG:1748) Will Be Hoping To Turn Its Returns On Capital Around
May 06Here's Why Xin Yuan Enterprises Group (HKG:1748) Has A Meaningful Debt Burden
Apr 16The Xin Yuan Enterprises Group (HKG:1748) Share Price Has Gained 15% And Shareholders Are Hoping For More
Mar 20Are Insiders Buying Xin Yuan Enterprises Group Limited (HKG:1748) Stock?
Feb 13Should You Be Impressed By Xin Yuan Enterprises Group's (HKG:1748) Returns on Capital?
Jan 17Xin Yuan Enterprises Group (HKG:1748) Is Growing Earnings But Are They A Good Guide?
Dec 20Introducing Xin Yuan Enterprises Group (HKG:1748), A Stock That Climbed 17% In The Last Year
Dec 02Financial Position Analysis
Short Term Liabilities: 1748's short term assets ($25.7M) exceed its short term liabilities ($15.6M).
Long Term Liabilities: 1748's short term assets ($25.7M) do not cover its long term liabilities ($47.8M).
Debt to Equity History and Analysis
Debt Level: 1748's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: 1748's debt to equity ratio has increased from 40% to 46.8% over the past 5 years.
Debt Coverage: 1748's debt is well covered by operating cash flow (29.6%).
Interest Coverage: 1748's interest payments on its debt are not well covered by EBIT (2.6x coverage).