Jiangsu Phoenix Publishing & Media Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Phoenix Publishing & Media has a total shareholder equity of CN¥19.4B and total debt of CN¥161.4M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥31.4B and CN¥11.9B respectively. Jiangsu Phoenix Publishing & Media's EBIT is CN¥1.9B making its interest coverage ratio -16.4. It has cash and short-term investments of CN¥3.1B.
Key information
0.8%
Debt to equity ratio
CN¥161.39m
Debt
| Interest coverage ratio | -16.4x |
| Cash | CN¥3.14b |
| Equity | CN¥19.43b |
| Total liabilities | CN¥11.92b |
| Total assets | CN¥31.35b |
Recent financial health updates
No updates
Recent updates
With EPS Growth And More, Jiangsu Phoenix Publishing & Media (SHSE:601928) Makes An Interesting Case
Apr 18
We Like These Underlying Return On Capital Trends At Jiangsu Phoenix Publishing & Media (SHSE:601928)
Mar 28Jiangsu Phoenix Publishing & Media Corporation Limited's (SHSE:601928) Prospects Need A Boost To Lift Shares
Feb 29Financial Position Analysis
Short Term Liabilities: 601928's short term assets (CN¥12.2B) exceed its short term liabilities (CN¥10.6B).
Long Term Liabilities: 601928's short term assets (CN¥12.2B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 601928 has more cash than its total debt.
Reducing Debt: 601928's debt to equity ratio has reduced from 1.4% to 0.8% over the past 5 years.
Debt Coverage: 601928's debt is well covered by operating cash flow (1613%).
Interest Coverage: 601928 earns more interest than it pays, so coverage of interest payments is not a concern.