37 Interactive Entertainment Network Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
37 Interactive Entertainment Network Technology Group has a total shareholder equity of CN¥13.4B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are CN¥20.7B and CN¥7.3B respectively. 37 Interactive Entertainment Network Technology Group's EBIT is CN¥2.7B making its interest coverage ratio -10.1. It has cash and short-term investments of CN¥9.6B.
Key information
21.4%
Debt to equity ratio
CN¥2.86b
Debt
Interest coverage ratio | -10.1x |
Cash | CN¥9.62b |
Equity | CN¥13.35b |
Total liabilities | CN¥7.32b |
Total assets | CN¥20.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002555's short term assets (CN¥12.7B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 002555's short term assets (CN¥12.7B) exceed its long term liabilities (CN¥418.4M).
Debt to Equity History and Analysis
Debt Level: 002555 has more cash than its total debt.
Reducing Debt: 002555's debt to equity ratio has increased from 10.4% to 21.4% over the past 5 years.
Debt Coverage: 002555's debt is well covered by operating cash flow (105.2%).
Interest Coverage: 002555 earns more interest than it pays, so coverage of interest payments is not a concern.