37 Interactive Entertainment Network Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
37 Interactive Entertainment Network Technology Group has a total shareholder equity of CN¥12.8B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥19.1B and CN¥6.3B respectively. 37 Interactive Entertainment Network Technology Group's EBIT is CN¥2.8B making its interest coverage ratio -11.1. It has cash and short-term investments of CN¥8.4B.
Key information
16.1%
Debt to equity ratio
CN¥2.06b
Debt
| Interest coverage ratio | -11.1x |
| Cash | CN¥8.37b |
| Equity | CN¥12.81b |
| Total liabilities | CN¥6.32b |
| Total assets | CN¥19.13b |
Financial Position Analysis
Short Term Liabilities: 002555's short term assets (CN¥11.1B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 002555's short term assets (CN¥11.1B) exceed its long term liabilities (CN¥416.6M).
Debt to Equity History and Analysis
Debt Level: 002555 has more cash than its total debt.
Reducing Debt: 002555's debt to equity ratio has increased from 11.1% to 16.1% over the past 5 years.
Debt Coverage: 002555's debt is well covered by operating cash flow (152.9%).
Interest Coverage: 002555 earns more interest than it pays, so coverage of interest payments is not a concern.