Guangdong South New MediaLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong South New MediaLtd has a total shareholder equity of CN¥3.5B and total debt of CN¥18.9M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥4.7B and CN¥1.2B respectively. Guangdong South New MediaLtd's EBIT is CN¥698.7M making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥3.4B.
Key information
0.5%
Debt to equity ratio
CN¥18.93m
Debt
| Interest coverage ratio | -9.1x |
| Cash | CN¥3.43b |
| Equity | CN¥3.48b |
| Total liabilities | CN¥1.21b |
| Total assets | CN¥4.70b |
Recent financial health updates
No updates
Recent updates
Guangdong South New MediaLtd (SZSE:300770) Will Be Hoping To Turn Its Returns On Capital Around
Apr 12
Guangdong South New Media Co.,Ltd.'s (SZSE:300770) Shares Bounce 28% But Its Business Still Trails The Market
Mar 05Is Guangdong South New Media Co.,Ltd. (SZSE:300770) Worth CN¥37.4 Based On Its Intrinsic Value?
Feb 28Financial Position Analysis
Short Term Liabilities: 300770's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300770's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥23.5M).
Debt to Equity History and Analysis
Debt Level: 300770 has more cash than its total debt.
Reducing Debt: 300770's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 300770's debt is well covered by operating cash flow (3442.7%).
Interest Coverage: 300770 earns more interest than it pays, so coverage of interest payments is not a concern.