Thinkingdom Media Group Balance Sheet Health
Financial Health criteria checks 5/6
Thinkingdom Media Group has a total shareholder equity of CN¥2.0B and total debt of CN¥8.4M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.2B and CN¥167.0M respectively. Thinkingdom Media Group's EBIT is CN¥193.2M making its interest coverage ratio -8. It has cash and short-term investments of CN¥1.2B.
Key information
0.4%
Debt to equity ratio
CN¥8.40m
Debt
Interest coverage ratio | -8x |
Cash | CN¥1.16b |
Equity | CN¥2.02b |
Total liabilities | CN¥167.04m |
Total assets | CN¥2.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603096's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥155.3M).
Long Term Liabilities: 603096's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥11.8M).
Debt to Equity History and Analysis
Debt Level: 603096 has more cash than its total debt.
Reducing Debt: 603096's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 603096's debt is well covered by operating cash flow (2053.9%).
Interest Coverage: 603096 earns more interest than it pays, so coverage of interest payments is not a concern.