Dasheng Times Cultural Investment Balance Sheet Health
Financial Health criteria checks 4/6
Dasheng Times Cultural Investment has a total shareholder equity of CN¥158.4M and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥302.8M and CN¥144.4M respectively.
Key information
6.3%
Debt to equity ratio
CN¥10.02m
Debt
Interest coverage ratio | n/a |
Cash | CN¥78.60m |
Equity | CN¥158.37m |
Total liabilities | CN¥144.42m |
Total assets | CN¥302.79m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600892's short term assets (CN¥128.4M) do not cover its short term liabilities (CN¥133.6M).
Long Term Liabilities: 600892's short term assets (CN¥128.4M) exceed its long term liabilities (CN¥10.8M).
Debt to Equity History and Analysis
Debt Level: 600892 has more cash than its total debt.
Reducing Debt: 600892's debt to equity ratio has reduced from 24.1% to 6.3% 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: 600892 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 600892 has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.5% each year.