Zhewen Pictures Groupltd Balance Sheet Health
Financial Health criteria checks 6/6
Zhewen Pictures Groupltd has a total shareholder equity of CN¥1.6B and total debt of CN¥388.3M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are CN¥3.7B and CN¥2.1B respectively. Zhewen Pictures Groupltd's EBIT is CN¥125.7M making its interest coverage ratio -13.2. It has cash and short-term investments of CN¥1.1B.
Key information
25.0%
Debt to equity ratio
CN¥388.30m
Debt
| Interest coverage ratio | -13.2x |
| Cash | CN¥1.13b |
| Equity | CN¥1.55b |
| Total liabilities | CN¥2.12b |
| Total assets | CN¥3.67b |
Recent financial health updates
Is Zhewen Pictures Groupltd (SHSE:601599) Using Too Much Debt?
Sep 30
Is Zhewen Pictures Groupltd (SHSE:601599) Weighed On By Its Debt Load?
Mar 01Recent updates
Solid Earnings May Not Tell The Whole Story For Zhewen Pictures Groupltd (SHSE:601599)
Nov 04Is Zhewen Pictures Groupltd (SHSE:601599) Using Too Much Debt?
Sep 30We Think Zhewen Pictures Groupltd's (SHSE:601599) Profit Is Only A Baseline For What They Can Achieve
Apr 26There's Reason For Concern Over Zhewen Pictures Group co.,ltd's (SHSE:601599) Massive 36% Price Jump
Mar 06Is Zhewen Pictures Groupltd (SHSE:601599) Weighed On By Its Debt Load?
Mar 01Financial Position Analysis
Short Term Liabilities: 601599's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 601599's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥141.0M).
Debt to Equity History and Analysis
Debt Level: 601599 has more cash than its total debt.
Reducing Debt: 601599's debt to equity ratio has reduced from 67.1% to 25% over the past 5 years.
Debt Coverage: 601599's debt is well covered by operating cash flow (90.3%).
Interest Coverage: 601599 earns more interest than it pays, so coverage of interest payments is not a concern.