Dasheng Times Cultural Investment Balance Sheet Health
Financial Health criteria checks 5/6
Dasheng Times Cultural Investment has a total shareholder equity of CN¥149.0M and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥322.8M and CN¥173.8M respectively.
Key information
6.7%
Debt to equity ratio
CN¥10.01m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥78.45m |
| Equity | CN¥149.04m |
| Total liabilities | CN¥173.79m |
| Total assets | CN¥322.82m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600892's short term assets (CN¥159.0M) do not cover its short term liabilities (CN¥164.7M).
Long Term Liabilities: 600892's short term assets (CN¥159.0M) exceed its long term liabilities (CN¥9.1M).
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 19.9% to 6.7% 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 sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 15.3% each year.