Hunan TV & Broadcast Intermediary Balance Sheet Health
Financial Health criteria checks 5/6
Hunan TV & Broadcast Intermediary has a total shareholder equity of CN¥11.3B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are CN¥16.8B and CN¥5.6B respectively. Hunan TV & Broadcast Intermediary's EBIT is CN¥128.8M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥2.5B.
Key information
29.4%
Debt to equity ratio
CN¥3.32b
Debt
Interest coverage ratio | -0.3x |
Cash | CN¥2.53b |
Equity | CN¥11.26b |
Total liabilities | CN¥5.57b |
Total assets | CN¥16.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000917's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 000917's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 000917's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 000917's debt to equity ratio has reduced from 84% to 29.4% over the past 5 years.
Debt Coverage: 000917's debt is not well covered by operating cash flow (2%).
Interest Coverage: 000917 earns more interest than it pays, so coverage of interest payments is not a concern.