Hunan TV & Broadcast Intermediary Balance Sheet Health
Financial Health criteria checks 5/6
Hunan TV & Broadcast Intermediary has a total shareholder equity of CN¥11.3B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are CN¥16.8B and CN¥5.5B respectively. Hunan TV & Broadcast Intermediary's EBIT is CN¥22.7M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥2.7B.
Key information
29.8%
Debt to equity ratio
CN¥3.37b
Debt
| Interest coverage ratio | -0.05x |
| Cash | CN¥2.69b |
| Equity | CN¥11.31b |
| Total liabilities | CN¥5.53b |
| Total assets | CN¥16.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000917's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 000917's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 000917's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 000917's debt to equity ratio has reduced from 64% to 29.8% over the past 5 years.
Debt Coverage: 000917's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 000917 earns more interest than it pays, so coverage of interest payments is not a concern.