Xinda Investment Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Xinda Investment Holdings has a total shareholder equity of CN¥851.4M and total debt of CN¥160.5M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are CN¥1.1B and CN¥285.2M respectively. Xinda Investment Holdings's EBIT is CN¥6.8M making its interest coverage ratio 1. It has cash and short-term investments of CN¥270.8M.
Key information
18.9%
Debt to equity ratio
CN¥160.50m
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥270.76m |
| Equity | CN¥851.41m |
| Total liabilities | CN¥285.18m |
| Total assets | CN¥1.14b |
Recent financial health updates
Xinda Investment Holdings (HKG:1281) Has Debt But No Earnings; Should You Worry?
Sep 27
Does LongiTech Smart Energy Holding (HKG:1281) Have A Healthy Balance Sheet?
Sep 01Is LongiTech Smart Energy Holding (HKG:1281) A Risky Investment?
Apr 06Recent updates
Investors Holding Back On Xinda Investment Holdings Limited (HKG:1281)
Jan 19Xinda Investment Holdings (HKG:1281) Has Debt But No Earnings; Should You Worry?
Sep 27Does LongiTech Smart Energy Holding (HKG:1281) Have A Healthy Balance Sheet?
Sep 01Is LongiTech Smart Energy Holding (HKG:1281) A Risky Investment?
Apr 06Who Has Been Selling LongiTech Smart Energy Holding Limited (HKG:1281) Shares?
Dec 17Financial Position Analysis
Short Term Liabilities: 1281's short term assets (CN¥672.3M) exceed its short term liabilities (CN¥103.0M).
Long Term Liabilities: 1281's short term assets (CN¥672.3M) exceed its long term liabilities (CN¥182.2M).
Debt to Equity History and Analysis
Debt Level: 1281 has more cash than its total debt.
Reducing Debt: 1281's debt to equity ratio has reduced from 38.4% to 18.9% 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: Insufficient data to determine if 1281 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1281 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.