Jiangsu Broadcasting Cable Information Network Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Broadcasting Cable Information Network has a total shareholder equity of CN¥23.3B and total debt of CN¥4.7B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are CN¥37.3B and CN¥14.0B respectively.
Key information
20.1%
Debt to equity ratio
CN¥4.67b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥6.27b |
| Equity | CN¥23.26b |
| Total liabilities | CN¥14.01b |
| Total assets | CN¥37.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600959's short term assets (CN¥12.1B) do not cover its short term liabilities (CN¥12.2B).
Long Term Liabilities: 600959's short term assets (CN¥12.1B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 600959 has more cash than its total debt.
Reducing Debt: 600959's debt to equity ratio has increased from 4% to 20.1% over the past 5 years.
Debt Coverage: 600959's debt is well covered by operating cash flow (31.1%).
Interest Coverage: Insufficient data to determine if 600959's interest payments on its debt are well covered by EBIT.