Zhejiang Daily Digital Culture GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Daily Digital Culture GroupLtd has a total shareholder equity of CN¥10.6B and total debt of CN¥45.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥12.2B and CN¥1.5B respectively. Zhejiang Daily Digital Culture GroupLtd's EBIT is CN¥599.8M making its interest coverage ratio -16.3. It has cash and short-term investments of CN¥1.5B.
Key information
0.4%
Debt to equity ratio
CN¥45.14m
Debt
| Interest coverage ratio | -16.3x |
| Cash | CN¥1.53b |
| Equity | CN¥10.65b |
| Total liabilities | CN¥1.54b |
| Total assets | CN¥12.19b |
Recent financial health updates
Is Zhejiang Daily Digital Culture GroupLtd (SHSE:600633) A Risky Investment?
Sep 25
Is Zhejiang Daily Digital Culture GroupLtd (SHSE:600633) Using Too Much Debt?
Apr 26Recent updates
Why Investors Shouldn't Be Surprised By Zhejiang Daily Digital Culture Group Co.,Ltd's (SHSE:600633) 37% Share Price Surge
Oct 08Is Zhejiang Daily Digital Culture GroupLtd (SHSE:600633) A Risky Investment?
Sep 25Investors Will Want Zhejiang Daily Digital Culture GroupLtd's (SHSE:600633) Growth In ROCE To Persist
Jul 01Sentiment Still Eluding Zhejiang Daily Digital Culture Group Co.,Ltd (SHSE:600633)
Jun 13Zhejiang Daily Digital Culture GroupLtd's (SHSE:600633) Soft Earnings Are Actually Better Than They Appear
May 03Is Zhejiang Daily Digital Culture GroupLtd (SHSE:600633) Using Too Much Debt?
Apr 26Zhejiang Daily Digital Culture Group Co.,Ltd's (SHSE:600633) Intrinsic Value Is Potentially 79% Above Its Share Price
Mar 18Zhejiang Daily Digital Culture Group Co.,Ltd's (SHSE:600633) Share Price Is Matching Sentiment Around Its Earnings
Feb 28Financial Position Analysis
Short Term Liabilities: 600633's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 600633's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥262.0M).
Debt to Equity History and Analysis
Debt Level: 600633 has more cash than its total debt.
Reducing Debt: 600633's debt to equity ratio has increased from 0.2% to 0.4% over the past 5 years.
Debt Coverage: 600633's debt is well covered by operating cash flow (897.2%).
Interest Coverage: 600633 earns more interest than it pays, so coverage of interest payments is not a concern.