Guangdong Guangzhou Daily Media Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Guangzhou Daily Media has a total shareholder equity of CN¥4.3B and total debt of CN¥456.3M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are CN¥5.3B and CN¥1.0B respectively.
Key information
10.7%
Debt to equity ratio
CN¥456.29m
Debt
Interest coverage ratio | n/a |
Cash | CN¥678.87m |
Equity | CN¥4.27b |
Total liabilities | CN¥1.01b |
Total assets | CN¥5.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002181's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥439.1M).
Long Term Liabilities: 002181's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥568.5M).
Debt to Equity History and Analysis
Debt Level: 002181 has more cash than its total debt.
Reducing Debt: 002181's debt to equity ratio has increased from 0% to 10.7% over the past 5 years.
Debt Coverage: 002181's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: Insufficient data to determine if 002181's interest payments on its debt are well covered by EBIT.