China Tourism And Culture Investment GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
China Tourism And Culture Investment GroupLtd has a total shareholder equity of CN¥168.9M and total debt of CN¥301.7M, which brings its debt-to-equity ratio to 178.6%. Its total assets and total liabilities are CN¥578.7M and CN¥409.8M respectively.
Key information
178.6%
Debt to equity ratio
CN¥301.66m
Debt
Interest coverage ratio | n/a |
Cash | CN¥97.57m |
Equity | CN¥168.91m |
Total liabilities | CN¥409.77m |
Total assets | CN¥578.68m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600358's short term assets (CN¥415.2M) exceed its short term liabilities (CN¥385.0M).
Long Term Liabilities: 600358's short term assets (CN¥415.2M) exceed its long term liabilities (CN¥24.8M).
Debt to Equity History and Analysis
Debt Level: 600358's net debt to equity ratio (120.8%) is considered high.
Reducing Debt: 600358's debt to equity ratio has increased from 7.7% to 178.6% 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: Insufficient data to determine if 600358 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 600358 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.