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¥792.7M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥358.9M respectively. Sichuan Newsnet Media (Group)Ltd's EBIT is CN¥2.9M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥468.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥468.70m |
| Equity | CN¥792.67m |
| Total liabilities | CN¥358.88m |
| Total assets | CN¥1.15b |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Sichuan Newsnet Media (Group)Ltd (SZSE:300987)
Nov 04
Sichuan Newsnet Media (Group) Co.,Ltd. (SZSE:300987) Stock Rockets 40% As Investors Are Less Pessimistic Than Expected
Oct 16Sichuan 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¥552.7M) exceed its short term liabilities (CN¥173.3M).
Long Term Liabilities: 300987's short term assets (CN¥552.7M) exceed its long term liabilities (CN¥185.6M).
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.