Northern United Publishing & Media (Group) Balance Sheet Health
Financial Health criteria checks 5/6
Northern United Publishing & Media (Group) has a total shareholder equity of CN¥2.6B and total debt of CN¥109.0M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CN¥4.2B and CN¥1.6B respectively. Northern United Publishing & Media (Group)'s EBIT is CN¥16.8M making its interest coverage ratio -1. It has cash and short-term investments of CN¥1.0B.
Key information
4.3%
Debt to equity ratio
CN¥109.00m
Debt
Interest coverage ratio | -1x |
Cash | CN¥1.02b |
Equity | CN¥2.55b |
Total liabilities | CN¥1.61b |
Total assets | CN¥4.16b |
Financial Position Analysis
Short Term Liabilities: 601999's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 601999's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥187.4M).
Debt to Equity History and Analysis
Debt Level: 601999 has more cash than its total debt.
Reducing Debt: 601999's debt to equity ratio has increased from 0.9% to 4.3% over the past 5 years.
Debt Coverage: 601999's debt is well covered by operating cash flow (129%).
Interest Coverage: 601999 earns more interest than it pays, so coverage of interest payments is not a concern.