Guangdong South New MediaLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong South New MediaLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥8.5M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥4.9B and CN¥1.1B respectively. Guangdong South New MediaLtd's EBIT is CN¥665.9M making its interest coverage ratio -8.7. It has cash and short-term investments of CN¥3.6B.
Key information
0.2%
Debt to equity ratio
CN¥8.53m
Debt
Interest coverage ratio | -8.7x |
Cash | CN¥3.61b |
Equity | CN¥3.84b |
Total liabilities | CN¥1.10b |
Total assets | CN¥4.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300770's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300770's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥19.9M).
Debt to Equity History and Analysis
Debt Level: 300770 has more cash than its total debt.
Reducing Debt: 300770's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 300770's debt is well covered by operating cash flow (5295.9%).
Interest Coverage: 300770 earns more interest than it pays, so coverage of interest payments is not a concern.