Zhejiang Publishing & Media Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Publishing & Media has a total shareholder equity of CN¥13.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥22.5B and CN¥9.5B respectively. Zhejiang Publishing & Media's EBIT is CN¥618.2M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥11.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥11.19b |
| Equity | CN¥12.97b |
| Total liabilities | CN¥9.53b |
| Total assets | CN¥22.50b |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For Zhejiang Publishing & Media (SHSE:601921) Than Just Sluggish Earnings
Nov 06
Earnings Working Against Zhejiang Publishing & Media Co., Ltd.'s (SHSE:601921) Share Price Following 27% Dive
Sep 20A Look At The Fair Value Of Zhejiang Publishing & Media Co., Ltd. (SHSE:601921)
Jul 13Zhejiang Publishing & Media's (SHSE:601921) Shareholders May Want To Dig Deeper Than Statutory Profit
May 01An Intrinsic Calculation For Zhejiang Publishing & Media Co., Ltd. (SHSE:601921) Suggests It's 32% Undervalued
Apr 05Financial Position Analysis
Short Term Liabilities: 601921's short term assets (CN¥17.1B) exceed its short term liabilities (CN¥9.1B).
Long Term Liabilities: 601921's short term assets (CN¥17.1B) exceed its long term liabilities (CN¥426.3M).
Debt to Equity History and Analysis
Debt Level: 601921 is debt free.
Reducing Debt: 601921 has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
Debt Coverage: 601921 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 601921 has no debt, therefore coverage of interest payments is not a concern.