Xinhua Winshare Publishing and Media Balance Sheet Health
Financial Health criteria checks 5/6
Xinhua Winshare Publishing and Media has a total shareholder equity of CN¥13.9B and total debt of CN¥99.4M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥22.7B and CN¥8.9B respectively. Xinhua Winshare Publishing and Media's EBIT is CN¥1.4B making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥9.0B.
Key information
0.7%
Debt to equity ratio
CN¥99.40m
Debt
Interest coverage ratio | -4.6x |
Cash | CN¥8.98b |
Equity | CN¥13.86b |
Total liabilities | CN¥8.87b |
Total assets | CN¥22.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601811's short term assets (CN¥14.7B) exceed its short term liabilities (CN¥8.4B).
Long Term Liabilities: 601811's short term assets (CN¥14.7B) exceed its long term liabilities (CN¥502.0M).
Debt to Equity History and Analysis
Debt Level: 601811 has more cash than its total debt.
Reducing Debt: 601811's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: 601811's debt is well covered by operating cash flow (2323.1%).
Interest Coverage: 601811 earns more interest than it pays, so coverage of interest payments is not a concern.