Huawen Media Group Balance Sheet Health
Financial Health criteria checks 3/6
Huawen Media Group has a total shareholder equity of CN¥1.2B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 126.1%. Its total assets and total liabilities are CN¥3.2B and CN¥2.0B respectively.
Key information
126.1%
Debt to equity ratio
CN¥1.49b
Debt
Interest coverage ratio | n/a |
Cash | CN¥257.19m |
Equity | CN¥1.18b |
Total liabilities | CN¥2.02b |
Total assets | CN¥3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000793's short term assets (CN¥984.7M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 000793's short term assets (CN¥984.7M) exceed its long term liabilities (CN¥921.2M).
Debt to Equity History and Analysis
Debt Level: 000793's net debt to equity ratio (104.4%) is considered high.
Reducing Debt: 000793's debt to equity ratio has increased from 110% to 126.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 000793 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000793 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 45.6% per year.