Xtep International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Xtep International Holdings has a total shareholder equity of CN¥8.9B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are CN¥17.3B and CN¥8.4B respectively. Xtep International Holdings's EBIT is CN¥1.5B making its interest coverage ratio 20.2. It has cash and short-term investments of CN¥3.3B.
Key information
40.3%
Debt to equity ratio
CN¥3.60b
Debt
Interest coverage ratio | 20.2x |
Cash | CN¥3.29b |
Equity | CN¥8.92b |
Total liabilities | CN¥8.40b |
Total assets | CN¥17.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XTEP.Y's short term assets (CN¥12.0B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: XTEP.Y's short term assets (CN¥12.0B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: XTEP.Y's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: XTEP.Y's debt to equity ratio has increased from 36.5% to 40.3% over the past 5 years.
Debt Coverage: XTEP.Y's debt is well covered by operating cash flow (34.9%).
Interest Coverage: XTEP.Y's interest payments on its debt are well covered by EBIT (20.2x coverage).