Shanghai Film Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Film has a total shareholder equity of CN¥1.8B and total debt of CN¥118.7M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are CN¥2.9B and CN¥1.1B respectively. Shanghai Film's EBIT is CN¥93.1M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥1.0B.
Key information
6.5%
Debt to equity ratio
CN¥118.65m
Debt
Interest coverage ratio | -5.7x |
Cash | CN¥1.02b |
Equity | CN¥1.84b |
Total liabilities | CN¥1.08b |
Total assets | CN¥2.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601595's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥654.4M).
Long Term Liabilities: 601595's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥427.5M).
Debt to Equity History and Analysis
Debt Level: 601595 has more cash than its total debt.
Reducing Debt: 601595's debt to equity ratio has increased from 0.9% to 6.5% over the past 5 years.
Debt Coverage: 601595's debt is well covered by operating cash flow (225.3%).
Interest Coverage: 601595 earns more interest than it pays, so coverage of interest payments is not a concern.