Chinese Universe Publishing and Media Group Balance Sheet Health
Financial Health criteria checks 6/6
Chinese Universe Publishing and Media Group has a total shareholder equity of CN¥18.9B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CN¥32.9B and CN¥14.0B respectively. Chinese Universe Publishing and Media Group's EBIT is CN¥1.6B making its interest coverage ratio -6. It has cash and short-term investments of CN¥19.3B.
Key information
19.5%
Debt to equity ratio
CN¥3.69b
Debt
Interest coverage ratio | -6x |
Cash | CN¥19.35b |
Equity | CN¥18.90b |
Total liabilities | CN¥13.95b |
Total assets | CN¥32.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600373's short term assets (CN¥22.8B) exceed its short term liabilities (CN¥12.8B).
Long Term Liabilities: 600373's short term assets (CN¥22.8B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 600373 has more cash than its total debt.
Reducing Debt: 600373's debt to equity ratio has reduced from 33.1% to 19.5% over the past 5 years.
Debt Coverage: 600373's debt is well covered by operating cash flow (59.5%).
Interest Coverage: 600373 earns more interest than it pays, so coverage of interest payments is not a concern.