Sichuan Newsnet Media (Group)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Sichuan Newsnet Media (Group)Ltd has a total shareholder equity of CN¥814.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥932.1M and CN¥117.9M respectively. Sichuan Newsnet Media (Group)Ltd's EBIT is CN¥4.4M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥582.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -0.3x |
Cash | CN¥582.25m |
Equity | CN¥814.16m |
Total liabilities | CN¥117.89m |
Total assets | CN¥932.05m |
Recent financial health updates
No updates
Recent updates
Sichuan Newsnet Media (Group)Ltd's (SZSE:300987) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 09Be Wary Of Sichuan Newsnet Media (Group)Ltd (SZSE:300987) And Its Returns On Capital
Jun 07We Believe That Sichuan Newsnet Media (Group)Ltd's (SZSE:300987) Weak Earnings Are A Good Indicator Of Underlying Profitability
May 03Sichuan Newsnet Media (Group) Co.,Ltd.'s (SZSE:300987) 27% Share Price Plunge Could Signal Some Risk
Apr 22What Sichuan Newsnet Media (Group) Co.,Ltd.'s (SZSE:300987) 42% Share Price Gain Is Not Telling You
Mar 08Financial Position Analysis
Short Term Liabilities: 300987's short term assets (CN¥651.0M) exceed its short term liabilities (CN¥105.6M).
Long Term Liabilities: 300987's short term assets (CN¥651.0M) exceed its long term liabilities (CN¥12.3M).
Debt to Equity History and Analysis
Debt Level: 300987 is debt free.
Reducing Debt: 300987 had no debt 5 years ago.
Debt Coverage: 300987 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300987 has no debt, therefore coverage of interest payments is not a concern.