Profit Cultural and Creative Group Balance Sheet Health
Financial Health criteria checks 4/6
Profit Cultural and Creative Group has a total shareholder equity of CN¥820.0M and total debt of CN¥34.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥944.0M and CN¥124.0M respectively. Profit Cultural and Creative Group's EBIT is CN¥29.8M making its interest coverage ratio -9.3. It has cash and short-term investments of CN¥127.3M.
Key information
4.1%
Debt to equity ratio
CN¥34.00m
Debt
Interest coverage ratio | -9.3x |
Cash | CN¥127.35m |
Equity | CN¥820.04m |
Total liabilities | CN¥123.95m |
Total assets | CN¥944.00m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300640's short term assets (CN¥341.9M) exceed its short term liabilities (CN¥118.2M).
Long Term Liabilities: 300640's short term assets (CN¥341.9M) exceed its long term liabilities (CN¥5.8M).
Debt to Equity History and Analysis
Debt Level: 300640 has more cash than its total debt.
Reducing Debt: 300640's debt to equity ratio has increased from 0% to 4.1% over the past 5 years.
Debt Coverage: 300640's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300640 earns more interest than it pays, so coverage of interest payments is not a concern.