Fujian Zitian Media Technology Balance Sheet Health
Financial Health criteria checks 5/6
Fujian Zitian Media Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥205.4M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are CN¥3.4B and CN¥2.2B respectively.
Key information
16.8%
Debt to equity ratio
CN¥205.42m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥143.29m |
| Equity | CN¥1.22b |
| Total liabilities | CN¥2.16b |
| Total assets | CN¥3.38b |
Recent financial health updates
No updates
Recent updates
Investors Don't See Light At End Of Fujian Zitian Media Technology Co., Ltd.'s (SZSE:300280) Tunnel And Push Stock Down 28%
Nov 07
Calculating The Fair Value Of Fujian Zitian Media Technology Co., Ltd. (SZSE:300280)
Oct 15Investors Don't See Light At End Of Fujian Zitian Media Technology Co., Ltd.'s (SZSE:300280) Tunnel And Push Stock Down 28%
Sep 09Fujian Zitian Media Technology Co., Ltd.'s (SZSE:300280) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Jul 22Fujian Zitian Media Technology Co., Ltd. (SZSE:300280) Looks Inexpensive After Falling 32% But Perhaps Not Attractive Enough
Apr 23Fujian Zitian Media Technology Co., Ltd.'s (SZSE:300280) Shares Bounce 33% But Its Business Still Trails The Market
Mar 01Financial Position Analysis
Short Term Liabilities: 300280's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 300280's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥677.6K).
Debt to Equity History and Analysis
Debt Level: 300280's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 300280's debt to equity ratio has increased from 4.8% to 16.8% 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: Whilst unprofitable 300280 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300280 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.3% per year.