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Shanghai New Culture Media Group Balance Sheet Health
Financial Health criteria checks 1/6
Shanghai New Culture Media Group has a total shareholder equity of CN¥35.9M and total debt of CN¥174.9M, which brings its debt-to-equity ratio to 487.9%. Its total assets and total liabilities are CN¥532.5M and CN¥496.7M respectively.
Key information
487.9%
Debt to equity ratio
CN¥174.90m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥17.23m |
| Equity | CN¥35.85m |
| Total liabilities | CN¥496.68m |
| Total assets | CN¥532.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300336's short term assets (CN¥161.5M) do not cover its short term liabilities (CN¥413.8M).
Long Term Liabilities: 300336's short term assets (CN¥161.5M) exceed its long term liabilities (CN¥82.9M).
Debt to Equity History and Analysis
Debt Level: 300336's net debt to equity ratio (439.8%) is considered high.
Reducing Debt: 300336's debt to equity ratio has increased from 53.7% to 487.9% 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: 300336 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300336 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.5% each year