GUOMAI Culture & Media Balance Sheet Health
Financial Health criteria checks 5/6
GUOMAI Culture & Media has a total shareholder equity of CN¥663.8M and total debt of CN¥8.6M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥794.6M and CN¥130.7M respectively. GUOMAI Culture & Media's EBIT is CN¥37.9M making its interest coverage ratio -6. It has cash and short-term investments of CN¥386.1M.
Key information
1.3%
Debt to equity ratio
CN¥8.65m
Debt
Interest coverage ratio | -6x |
Cash | CN¥386.06m |
Equity | CN¥663.84m |
Total liabilities | CN¥130.73m |
Total assets | CN¥794.56m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301052's short term assets (CN¥660.0M) exceed its short term liabilities (CN¥114.3M).
Long Term Liabilities: 301052's short term assets (CN¥660.0M) exceed its long term liabilities (CN¥16.4M).
Debt to Equity History and Analysis
Debt Level: 301052 has more cash than its total debt.
Reducing Debt: 301052's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: 301052's debt is well covered by operating cash flow (452.9%).
Interest Coverage: 301052 earns more interest than it pays, so coverage of interest payments is not a concern.