Beijing Kingee Culture Development Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Kingee Culture Development has a total shareholder equity of CN¥2.1B and total debt of CN¥8.9M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.2B and CN¥132.9M respectively.
Key information
0.4%
Debt to equity ratio
CN¥8.90m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.57b |
Equity | CN¥2.06b |
Total liabilities | CN¥132.90m |
Total assets | CN¥2.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002721's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥114.1M).
Long Term Liabilities: 002721's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥18.8M).
Debt to Equity History and Analysis
Debt Level: 002721 has more cash than its total debt.
Reducing Debt: 002721's debt to equity ratio has reduced from 154.9% to 0.4% over the past 5 years.
Debt Coverage: 002721's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002721's interest payments on its debt are well covered by EBIT.