Hebei Broadcasting Wireless Media Balance Sheet Health
Financial Health criteria checks 6/6
Hebei Broadcasting Wireless Media has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.6B and CN¥200.5M respectively. Hebei Broadcasting Wireless Media's EBIT is CN¥238.6M making its interest coverage ratio -7.5. It has cash and short-term investments of CN¥2.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.5x |
| Cash | CN¥2.30b |
| Equity | CN¥2.43b |
| Total liabilities | CN¥200.51m |
| Total assets | CN¥2.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301551's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥198.5M).
Long Term Liabilities: 301551's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥2.0M).
Debt to Equity History and Analysis
Debt Level: 301551 is debt free.
Reducing Debt: 301551 has not had any debt for past 5 years.
Debt Coverage: 301551 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301551 has no debt, therefore coverage of interest payments is not a concern.