Shifeng Cultural Development Balance Sheet Health
Financial Health criteria checks 4/6
Shifeng Cultural Development has a total shareholder equity of CN¥412.7M and total debt of CN¥170.2M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are CN¥624.6M and CN¥211.9M respectively.
Key information
41.2%
Debt to equity ratio
CN¥170.19m
Debt
Interest coverage ratio | n/a |
Cash | CN¥29.99m |
Equity | CN¥412.69m |
Total liabilities | CN¥211.89m |
Total assets | CN¥624.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002862's short term assets (CN¥287.8M) exceed its short term liabilities (CN¥169.0M).
Long Term Liabilities: 002862's short term assets (CN¥287.8M) exceed its long term liabilities (CN¥42.8M).
Debt to Equity History and Analysis
Debt Level: 002862's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: 002862's debt to equity ratio has increased from 6.7% to 41.2% over the past 5 years.
Debt Coverage: 002862's debt is well covered by operating cash flow (20.6%).
Interest Coverage: Insufficient data to determine if 002862's interest payments on its debt are well covered by EBIT.