Funshine Culture GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Funshine Culture GroupLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.7B and CN¥419.3M respectively. Funshine Culture GroupLtd's EBIT is CN¥99.2M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥2.9B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥2.95b |
| Equity | CN¥3.30b |
| Total liabilities | CN¥419.33m |
| Total assets | CN¥3.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300860's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥368.1M).
Long Term Liabilities: 300860's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥51.2M).
Debt to Equity History and Analysis
Debt Level: 300860 is debt free.
Reducing Debt: 300860 has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: 300860 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300860 has no debt, therefore coverage of interest payments is not a concern.