Xiaomi Balance Sheet Health
Financial Health criteria checks 6/6
Xiaomi has a total shareholder equity of CN¥173.2B and total debt of CN¥30.0B, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CN¥342.2B and CN¥169.0B respectively. Xiaomi's EBIT is CN¥18.8B making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥97.8B.
Key information
17.3%
Debt to equity ratio
CN¥29.98b
Debt
| Interest coverage ratio | -6.8x |
| Cash | CN¥97.83b |
| Equity | CN¥173.20b |
| Total liabilities | CN¥168.98b |
| Total assets | CN¥342.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XIAC.Y's short term assets (CN¥203.0B) exceed its short term liabilities (CN¥126.0B).
Long Term Liabilities: XIAC.Y's short term assets (CN¥203.0B) exceed its long term liabilities (CN¥43.0B).
Debt to Equity History and Analysis
Debt Level: XIAC.Y has more cash than its total debt.
Reducing Debt: XIAC.Y's debt to equity ratio has reduced from 17.9% to 17.3% over the past 5 years.
Debt Coverage: XIAC.Y's debt is well covered by operating cash flow (78.9%).
Interest Coverage: XIAC.Y earns more interest than it pays, so coverage of interest payments is not a concern.