Perfect World Balance Sheet Health
Financial Health criteria checks 6/6
Perfect World has a total shareholder equity of CN¥9.4B and total debt of CN¥540.6M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CN¥14.7B and CN¥5.3B respectively. Perfect World's EBIT is CN¥67.7M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥4.4B.
Key information
5.7%
Debt to equity ratio
CN¥540.56m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥4.43b |
| Equity | CN¥9.41b |
| Total liabilities | CN¥5.30b |
| Total assets | CN¥14.70b |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For Perfect World (SZSE:002624) Than Just Sluggish Earnings
Apr 22
Earnings Miss: Perfect World Co., Ltd. Missed EPS By 15% And Analysts Are Revising Their Forecasts
Apr 17Perfect World (SZSE:002624) Will Be Looking To Turn Around Its Returns
Mar 22Perfect World Co., Ltd.'s (SZSE:002624) P/E Is Still On The Mark Following 27% Share Price Bounce
Mar 07Financial Position Analysis
Short Term Liabilities: 002624's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 002624's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 002624 has more cash than its total debt.
Reducing Debt: 002624's debt to equity ratio has reduced from 19.8% to 5.7% over the past 5 years.
Debt Coverage: 002624's debt is well covered by operating cash flow (103.9%).
Interest Coverage: 002624 earns more interest than it pays, so coverage of interest payments is not a concern.