China Film Balance Sheet Health
Financial Health criteria checks 6/6
China Film has a total shareholder equity of CN¥11.7B and total debt of CN¥137.2M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥22.1B and CN¥10.4B respectively. China Film's EBIT is CN¥172.3M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥11.3B.
Key information
1.2%
Debt to equity ratio
CN¥137.17m
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥11.27b |
Equity | CN¥11.66b |
Total liabilities | CN¥10.42b |
Total assets | CN¥22.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600977's short term assets (CN¥16.2B) exceed its short term liabilities (CN¥8.2B).
Long Term Liabilities: 600977's short term assets (CN¥16.2B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 600977 has more cash than its total debt.
Reducing Debt: 600977's debt to equity ratio has reduced from 1.2% to 1.2% over the past 5 years.
Debt Coverage: 600977's debt is well covered by operating cash flow (1307.9%).
Interest Coverage: 600977 earns more interest than it pays, so coverage of interest payments is not a concern.