Guangzhou Jinyi Media Balance Sheet Health
Financial Health criteria checks 0/6
Guangzhou Jinyi Media has a total shareholder equity of CN¥233.4M and total debt of CN¥665.8M, which brings its debt-to-equity ratio to 285.3%. Its total assets and total liabilities are CN¥4.2B and CN¥4.0B respectively.
Key information
285.3%
Debt to equity ratio
CN¥665.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥561.41m |
| Equity | CN¥233.41m |
| Total liabilities | CN¥3.96b |
| Total assets | CN¥4.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002905's short term assets (CN¥896.1M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002905's short term assets (CN¥896.1M) do not cover its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 002905's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: 002905's debt to equity ratio has increased from 5.2% to 285.3% 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: Insufficient data to determine if 002905 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002905 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.