Simei MediaLtd Balance Sheet Health
Financial Health criteria checks 3/6
Simei MediaLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥495.4M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are CN¥2.5B and CN¥1.0B respectively.
Key information
33.7%
Debt to equity ratio
CN¥495.42m
Debt
Interest coverage ratio | n/a |
Cash | CN¥198.55m |
Equity | CN¥1.47b |
Total liabilities | CN¥1.02b |
Total assets | CN¥2.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002712's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥954.7M).
Long Term Liabilities: 002712's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥61.8M).
Debt to Equity History and Analysis
Debt Level: 002712's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: 002712's debt to equity ratio has increased from 12.3% to 33.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002712 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002712 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.8% each year