Hubei Radio & Television Information Network Balance Sheet Health
Financial Health criteria checks 1/6
Hubei Radio & Television Information Network has a total shareholder equity of CN¥5.0B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 69.8%. Its total assets and total liabilities are CN¥10.6B and CN¥5.6B respectively.
Key information
69.8%
Debt to equity ratio
CN¥3.48b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥100.97m |
| Equity | CN¥4.99b |
| Total liabilities | CN¥5.63b |
| Total assets | CN¥10.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000665's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥4.9B).
Long Term Liabilities: 000665's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥720.9M).
Debt to Equity History and Analysis
Debt Level: 000665's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: 000665's debt to equity ratio has increased from 23.7% to 69.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 000665 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 000665 has less than a year of cash runway if free cash flow continues to grow at historical rates of 17% each year.