Chengdu B-ray MediaLtd Balance Sheet Health
Financial Health criteria checks 4/6
Chengdu B-ray MediaLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥165.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥4.0B and CN¥746.7M respectively. Chengdu B-ray MediaLtd's EBIT is CN¥20.2M making its interest coverage ratio -14.2. It has cash and short-term investments of CN¥433.1M.
Key information
5.1%
Debt to equity ratio
CN¥164.96m
Debt
| Interest coverage ratio | -14.2x |
| Cash | CN¥433.11m |
| Equity | CN¥3.24b |
| Total liabilities | CN¥746.72m |
| Total assets | CN¥3.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600880's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥600.7M).
Long Term Liabilities: 600880's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥146.0M).
Debt to Equity History and Analysis
Debt Level: 600880 has more cash than its total debt.
Reducing Debt: 600880's debt to equity ratio has increased from 0% to 5.1% over the past 5 years.
Debt Coverage: 600880's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600880 earns more interest than it pays, so coverage of interest payments is not a concern.