Focus Media Information Technology Balance Sheet Health
Financial Health criteria checks 6/6
Focus Media Information Technology has a total shareholder equity of CN¥16.1B and total debt of CN¥162.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥22.6B and CN¥6.5B respectively. Focus Media Information Technology's EBIT is CN¥4.6B making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥6.4B.
Key information
1.0%
Debt to equity ratio
CN¥162.58m
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥6.41b |
| Equity | CN¥16.11b |
| Total liabilities | CN¥6.48b |
| Total assets | CN¥22.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002027's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 002027's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002027 has more cash than its total debt.
Reducing Debt: 002027's debt to equity ratio has reduced from 7% to 1% over the past 5 years.
Debt Coverage: 002027's debt is well covered by operating cash flow (4329.7%).
Interest Coverage: 002027 earns more interest than it pays, so coverage of interest payments is not a concern.