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¥3.5B, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are CN¥17.2B and CN¥5.8B respectively. Hunan TV & Broadcast Intermediary's EBIT is CN¥23.4M making its interest coverage ratio -0. It has cash and short-term investments of CN¥2.9B.
Key information
31.1%
Debt to equity ratio
CN¥3.52b
Debt
| Interest coverage ratio | -0.04x |
| Cash | CN¥2.85b |
| Equity | CN¥11.33b |
| Total liabilities | CN¥5.83b |
| Total assets | CN¥17.15b |
Recent financial health updates
Recent updates
Is Hunan TV & Broadcast Intermediary (SZSE:000917) A Risky Investment?
Aug 27
Hunan TV & Broadcast Intermediary's (SZSE:000917) Dividend Will Be CN¥0.02
Jul 28Risks Still Elevated At These Prices As Hunan TV & Broadcast Intermediary Co., Ltd. (SZSE:000917) Shares Dive 29%
Apr 18Investors Holding Back On Hunan TV & Broadcast Intermediary Co., Ltd. (SZSE:000917)
Mar 01Financial Position Analysis
Short Term Liabilities: 000917's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 000917's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 000917's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: 000917's debt to equity ratio has reduced from 73% to 31.1% over the past 5 years.
Debt Coverage: 000917's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000917 earns more interest than it pays, so coverage of interest payments is not a concern.