China Film Balance Sheet Health
Financial Health criteria checks 6/6
China Film has a total shareholder equity of CN¥11.6B and total debt of CN¥105.2M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥19.0B and CN¥7.4B respectively. China Film's EBIT is CN¥313.4M making its interest coverage ratio -4. It has cash and short-term investments of CN¥9.1B.
Key information
0.9%
Debt to equity ratio
CN¥105.16m
Debt
Interest coverage ratio | -4x |
Cash | CN¥9.07b |
Equity | CN¥11.58b |
Total liabilities | CN¥7.43b |
Total assets | CN¥19.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600977's short term assets (CN¥13.1B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 600977's short term assets (CN¥13.1B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 600977 has more cash than its total debt.
Reducing Debt: 600977's debt to equity ratio has reduced from 2.5% to 0.9% over the past 5 years.
Debt Coverage: 600977's debt is well covered by operating cash flow (1881.9%).
Interest Coverage: 600977 earns more interest than it pays, so coverage of interest payments is not a concern.