TVZone Media Balance Sheet Health
Financial Health criteria checks 4/6
TVZone Media has a total shareholder equity of CN¥549.1M and total debt of CN¥183.6M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are CN¥848.3M and CN¥299.2M respectively.
Key information
33.4%
Debt to equity ratio
CN¥183.64m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥198.36m |
| Equity | CN¥549.09m |
| Total liabilities | CN¥299.24m |
| Total assets | CN¥848.33m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603721's short term assets (CN¥417.1M) exceed its short term liabilities (CN¥106.5M).
Long Term Liabilities: 603721's short term assets (CN¥417.1M) exceed its long term liabilities (CN¥192.7M).
Debt to Equity History and Analysis
Debt Level: 603721 has more cash than its total debt.
Reducing Debt: 603721's debt to equity ratio has increased from 0% to 33.4% over the past 5 years.
Debt Coverage: 603721's debt is well covered by operating cash flow (23.6%).
Interest Coverage: Insufficient data to determine if 603721's interest payments on its debt are well covered by EBIT.