Shandong Publishing&MediaLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Publishing&MediaLtd has a total shareholder equity of CN¥15.0B and total debt of CN¥68.4M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥23.5B and CN¥8.5B respectively. Shandong Publishing&MediaLtd's EBIT is CN¥1.8B making its interest coverage ratio -39.9. It has cash and short-term investments of CN¥8.1B.
Key information
0.5%
Debt to equity ratio
CN¥68.36m
Debt
Interest coverage ratio | -39.9x |
Cash | CN¥8.10b |
Equity | CN¥15.05b |
Total liabilities | CN¥8.45b |
Total assets | CN¥23.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601019's short term assets (CN¥13.5B) exceed its short term liabilities (CN¥7.1B).
Long Term Liabilities: 601019's short term assets (CN¥13.5B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 601019 has more cash than its total debt.
Reducing Debt: 601019's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 601019's debt is well covered by operating cash flow (2855.8%).
Interest Coverage: 601019 earns more interest than it pays, so coverage of interest payments is not a concern.