Guizhou BC&TV Information NetworkLTD Balance Sheet Health
Financial Health criteria checks 1/6
Guizhou BC&TV Information NetworkLTD has a total shareholder equity of CN¥4.4B and total debt of CN¥7.0B, which brings its debt-to-equity ratio to 158.5%. Its total assets and total liabilities are CN¥16.9B and CN¥12.5B respectively.
Key information
158.5%
Debt to equity ratio
CN¥7.02b
Debt
Interest coverage ratio | n/a |
Cash | CN¥251.80m |
Equity | CN¥4.43b |
Total liabilities | CN¥12.51b |
Total assets | CN¥16.94b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600996's short term assets (CN¥5.1B) do not cover its short term liabilities (CN¥10.2B).
Long Term Liabilities: 600996's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 600996's net debt to equity ratio (152.8%) is considered high.
Reducing Debt: 600996's debt to equity ratio has increased from 105.5% to 158.5% over the past 5 years.
Debt Coverage: 600996's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: Insufficient data to determine if 600996's interest payments on its debt are well covered by EBIT.