New Guomai Digital Culture Balance Sheet Health
Financial Health criteria checks 6/6
New Guomai Digital Culture has a total shareholder equity of CN¥4.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.3B and CN¥852.7M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥857.54m |
| Equity | CN¥4.46b |
| Total liabilities | CN¥852.68m |
| Total assets | CN¥5.32b |
Recent financial health updates
No updates
Recent updates
Insufficient Growth At New Guomai Digital Culture Co., Ltd. (SHSE:600640) Hampers Share Price
Oct 13
New Guomai Digital Culture Co., Ltd.'s (SHSE:600640) Low P/S No Reason For Excitement
Jun 23Improved Revenues Required Before New Guomai Digital Culture Co., Ltd. (SHSE:600640) Stock's 38% Jump Looks Justified
Feb 27Financial Position Analysis
Short Term Liabilities: 600640's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥828.2M).
Long Term Liabilities: 600640's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥24.5M).
Debt to Equity History and Analysis
Debt Level: 600640 is debt free.
Reducing Debt: 600640 had no debt 5 years ago.
Debt Coverage: 600640 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600640 has no debt, therefore coverage of interest payments is not a concern.