Hunan TV & Broadcast Intermediary Balance Sheet Health
Financial Health criteria checks 5/6
Hunan TV & Broadcast Intermediary has a total shareholder equity of CN¥11.4B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are CN¥17.2B and CN¥5.7B respectively. Hunan TV & Broadcast Intermediary's EBIT is CN¥99.5M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥2.9B.
Key information
30.2%
Debt to equity ratio
CN¥3.46b
Debt
Interest coverage ratio | -0.2x |
Cash | CN¥2.88b |
Equity | CN¥11.45b |
Total liabilities | CN¥5.70b |
Total assets | CN¥17.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000917's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 000917's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 000917's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: 000917's debt to equity ratio has reduced from 81.5% to 30.2% over the past 5 years.
Debt Coverage: 000917's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 000917 earns more interest than it pays, so coverage of interest payments is not a concern.