Jiangsu Broadcasting Cable Information Network Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Broadcasting Cable Information Network has a total shareholder equity of CN¥23.3B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are CN¥37.3B and CN¥14.0B respectively.
Key information
9.3%
Debt to equity ratio
CN¥2.16b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥6.27b |
| Equity | CN¥23.26b |
| Total liabilities | CN¥14.01b |
| Total assets | CN¥37.27b |
Recent financial health updates
Is Jiangsu Broadcasting Cable Information Network (SHSE:600959) Weighed On By Its Debt Load?
Jul 30
Is Jiangsu Broadcasting Cable Information Network (SHSE:600959) A Risky Investment?
Mar 01Recent updates
Jiangsu Broadcasting Cable Information Network Corporation Limited (SHSE:600959) Investors Are Less Pessimistic Than Expected
Oct 06Is Jiangsu Broadcasting Cable Information Network (SHSE:600959) Weighed On By Its Debt Load?
Jul 30Calculating The Fair Value Of Jiangsu Broadcasting Cable Information Network Corporation Limited (SHSE:600959)
Jun 24Jiangsu Broadcasting Cable Information Network Corporation Limited's (SHSE:600959) Shareholders Might Be Looking For Exit
May 27Additional Considerations Required While Assessing Jiangsu Broadcasting Cable Information Network's (SHSE:600959) Strong Earnings
Apr 16Is Jiangsu Broadcasting Cable Information Network (SHSE:600959) A Risky Investment?
Mar 01Financial Position Analysis
Short Term Liabilities: 600959's short term assets (CN¥12.1B) do not cover its short term liabilities (CN¥12.2B).
Long Term Liabilities: 600959's short term assets (CN¥12.1B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 600959 has more cash than its total debt.
Reducing Debt: 600959's debt to equity ratio has increased from 4% to 9.3% over the past 5 years.
Debt Coverage: 600959's debt is well covered by operating cash flow (67.1%).
Interest Coverage: Insufficient data to determine if 600959's interest payments on its debt are well covered by EBIT.