Citic Press Balance Sheet Health
Financial Health criteria checks 6/6
Citic Press has a total shareholder equity of CN¥2.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.3B and CN¥1.1B respectively. Citic Press's EBIT is CN¥120.2M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥1.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥1.62b |
| Equity | CN¥2.19b |
| Total liabilities | CN¥1.07b |
| Total assets | CN¥3.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300788's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥940.5M).
Long Term Liabilities: 300788's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥133.6M).
Debt to Equity History and Analysis
Debt Level: 300788 is debt free.
Reducing Debt: 300788 had no debt 5 years ago.
Debt Coverage: 300788 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300788 has no debt, therefore coverage of interest payments is not a concern.