Hengdian EntertainmentLTD Balance Sheet Health
Financial Health criteria checks 6/6
Hengdian EntertainmentLTD has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.0B and CN¥3.5B respectively. Hengdian EntertainmentLTD's EBIT is CN¥194.7M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥1.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥1.32b |
| Equity | CN¥1.56b |
| Total liabilities | CN¥3.47b |
| Total assets | CN¥5.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603103's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 603103's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 603103 is debt free.
Reducing Debt: 603103 has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: 603103 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603103 has no debt, therefore coverage of interest payments is not a concern.