Chengdu B-ray MediaLtd Balance Sheet Health
Financial Health criteria checks 5/6
Chengdu B-ray MediaLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥110.6M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥4.0B and CN¥714.6M respectively. Chengdu B-ray MediaLtd's EBIT is CN¥61.9M making its interest coverage ratio -8.1. It has cash and short-term investments of CN¥537.3M.
Key information
3.4%
Debt to equity ratio
CN¥110.57m
Debt
Interest coverage ratio | -8.1x |
Cash | CN¥537.35m |
Equity | CN¥3.26b |
Total liabilities | CN¥714.60m |
Total assets | CN¥3.97b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600880's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥566.3M).
Long Term Liabilities: 600880's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥148.4M).
Debt to Equity History and Analysis
Debt Level: 600880 has more cash than its total debt.
Reducing Debt: 600880's debt to equity ratio has increased from 0% to 3.4% over the past 5 years.
Debt Coverage: 600880's debt is well covered by operating cash flow (39.5%).
Interest Coverage: 600880 earns more interest than it pays, so coverage of interest payments is not a concern.