TVZone Media Balance Sheet Health
Financial Health criteria checks 4/6
TVZone Media has a total shareholder equity of CN¥564.8M and total debt of CN¥183.3M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are CN¥870.6M and CN¥305.8M respectively.
Key information
32.5%
Debt to equity ratio
CN¥183.28m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥210.16m |
| Equity | CN¥564.79m |
| Total liabilities | CN¥305.84m |
| Total assets | CN¥870.63m |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To TVZone Media Co., Ltd. (SHSE:603721) With Shares Advancing 46%
Nov 12
Health Check: How Prudently Does TVZone Media (SHSE:603721) Use Debt?
Oct 24TVZone Media Co., Ltd.'s (SHSE:603721) 27% Share Price Surge Not Quite Adding Up
Sep 27Risks Still Elevated At These Prices As TVZone Media Co., Ltd. (SHSE:603721) Shares Dive 26%
Jun 21Some TVZone Media Co., Ltd. (SHSE:603721) Shareholders Look For Exit As Shares Take 29% Pounding
Apr 21TVZone Media Co., Ltd.'s (SHSE:603721) Shares Climb 27% But Its Business Is Yet to Catch Up
Mar 05Financial Position Analysis
Short Term Liabilities: 603721's short term assets (CN¥454.1M) exceed its short term liabilities (CN¥113.5M).
Long Term Liabilities: 603721's short term assets (CN¥454.1M) exceed its long term liabilities (CN¥192.4M).
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 2.9% to 32.5% over the past 5 years.
Debt Coverage: 603721's debt is well covered by operating cash flow (25.9%).
Interest Coverage: Insufficient data to determine if 603721's interest payments on its debt are well covered by EBIT.