Shandong Publishing&MediaLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Publishing&MediaLtd has a total shareholder equity of CN¥13.8B and total debt of CN¥18.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥22.2B and CN¥8.4B respectively. Shandong Publishing&MediaLtd's EBIT is CN¥1.5B making its interest coverage ratio -9.6. It has cash and short-term investments of CN¥8.8B.
Key information
0.1%
Debt to equity ratio
CN¥18.02m
Debt
| Interest coverage ratio | -9.6x |
| Cash | CN¥8.80b |
| Equity | CN¥13.77b |
| Total liabilities | CN¥8.44b |
| Total assets | CN¥22.21b |
Recent financial health updates
Recent updates
The Returns At Shandong Publishing&MediaLtd (SHSE:601019) Aren't Growing
Aug 26
Is There An Opportunity With Shandong Publishing&Media Co.,Ltd's (SHSE:601019) 21% Undervaluation?
Jun 27Shandong Publishing&Media Co.,Ltd's (SHSE:601019) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Jun 03Additional Considerations Required While Assessing Shandong Publishing&MediaLtd's (SHSE:601019) Strong Earnings
Apr 25Results: Shandong Publishing&Media Co.,Ltd Exceeded Expectations And The Consensus Has Updated Its Estimates
Apr 21Is Shandong Publishing&MediaLtd (SHSE:601019) Using Too Much Debt?
Mar 21Financial Position Analysis
Short Term Liabilities: 601019's short term assets (CN¥14.4B) exceed its short term liabilities (CN¥7.2B).
Long Term Liabilities: 601019's short term assets (CN¥14.4B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 601019 has more cash than its total debt.
Reducing Debt: 601019's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 601019's debt is well covered by operating cash flow (16291.4%).
Interest Coverage: 601019 earns more interest than it pays, so coverage of interest payments is not a concern.