China Tourism And Culture Investment GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
China Tourism And Culture Investment GroupLtd has a total shareholder equity of CN¥130.8M and total debt of CN¥324.3M, which brings its debt-to-equity ratio to 248%. Its total assets and total liabilities are CN¥511.3M and CN¥380.5M respectively.
Key information
248.0%
Debt to equity ratio
CN¥324.35m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥74.76m |
| Equity | CN¥130.80m |
| Total liabilities | CN¥380.51m |
| Total assets | CN¥511.31m |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For China Tourism And Culture Investment Group Co.,Ltd (SHSE:600358) After Shares Rise 25%
Oct 28
China Tourism And Culture Investment Group Co.,Ltd's (SHSE:600358) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Aug 21Why Investors Shouldn't Be Surprised By China Tourism And Culture Investment Group Co.,Ltd's (SHSE:600358) 32% Share Price Plunge
Jun 06Financial Position Analysis
Short Term Liabilities: 600358's short term assets (CN¥361.1M) exceed its short term liabilities (CN¥341.1M).
Long Term Liabilities: 600358's short term assets (CN¥361.1M) exceed its long term liabilities (CN¥39.4M).
Debt to Equity History and Analysis
Debt Level: 600358's net debt to equity ratio (190.8%) is considered high.
Reducing Debt: 600358's debt to equity ratio has increased from 9.8% to 248% 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: 600358 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600358 has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 22.8% each year.