China Publishing & Media Holdings Balance Sheet Health
Financial Health criteria checks 6/6
China Publishing & Media Holdings has a total shareholder equity of CN¥10.3B and total debt of CN¥76.4M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥15.5B and CN¥5.2B respectively. China Publishing & Media Holdings's EBIT is CN¥500.0M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥6.0B.
Key information
0.7%
Debt to equity ratio
CN¥76.42m
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥5.99b |
| Equity | CN¥10.32b |
| Total liabilities | CN¥5.23b |
| Total assets | CN¥15.55b |
Recent financial health updates
China Publishing & Media Holdings (SHSE:601949) Has A Pretty Healthy Balance Sheet
Jul 13
These 4 Measures Indicate That China Publishing & Media Holdings (SHSE:601949) Is Using Debt Safely
Mar 21Recent updates
China Publishing & Media Holdings (SHSE:601949) Has A Pretty Healthy Balance Sheet
Jul 13Here's What To Make Of China Publishing & Media Holdings' (SHSE:601949) Decelerating Rates Of Return
May 24We Think You Should Be Aware Of Some Concerning Factors In China Publishing & Media Holdings' (SHSE:601949) Earnings
May 03China Publishing & Media Holdings Co., Ltd.'s (SHSE:601949) Price Is Right But Growth Is Lacking
Apr 17These 4 Measures Indicate That China Publishing & Media Holdings (SHSE:601949) Is Using Debt Safely
Mar 21Financial Position Analysis
Short Term Liabilities: 601949's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 601949's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 601949 has more cash than its total debt.
Reducing Debt: 601949's debt to equity ratio has reduced from 3.5% to 0.7% over the past 5 years.
Debt Coverage: 601949's debt is well covered by operating cash flow (943.1%).
Interest Coverage: 601949 earns more interest than it pays, so coverage of interest payments is not a concern.