Xin Yuan Enterprises Group Balance Sheet Health
Financial Health criteria checks 6/6
Xin Yuan Enterprises Group has a total shareholder equity of $135.1M and total debt of $42.3M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are $181.3M and $46.2M respectively. Xin Yuan Enterprises Group's EBIT is $13.5M making its interest coverage ratio 3.3. It has cash and short-term investments of $34.1M.
Key information
31.3%
Debt to equity ratio
US$42.30m
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$34.12m |
| Equity | US$135.05m |
| Total liabilities | US$46.20m |
| Total assets | US$181.26m |
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
Xin Yuan Enterprises Group Limited's (HKG:1748) 376% Price Boost Is Out Of Tune With Revenues
Sep 02Returns Are Gaining Momentum At Xin Yuan Enterprises Group (HKG:1748)
Jun 13Returns 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 ($37.2M) exceed its short term liabilities ($11.9M).
Long Term Liabilities: 1748's short term assets ($37.2M) exceed its long term liabilities ($34.3M).
Debt to Equity History and Analysis
Debt Level: 1748's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 1748's debt to equity ratio has reduced from 35.3% to 31.3% over the past 5 years.
Debt Coverage: 1748's debt is well covered by operating cash flow (40.7%).
Interest Coverage: 1748's interest payments on its debt are well covered by EBIT (3.3x coverage).