China South Publishing & Media Group Balance Sheet Health
Financial Health criteria checks 6/6
China South Publishing & Media Group has a total shareholder equity of CN¥15.5B and total debt of CN¥95.5M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥24.9B and CN¥9.3B respectively. China South Publishing & Media Group's EBIT is CN¥1.8B making its interest coverage ratio -8.1. It has cash and short-term investments of CN¥10.4B.
Key information
0.6%
Debt to equity ratio
CN¥95.55m
Debt
Interest coverage ratio | -8.1x |
Cash | CN¥10.41b |
Equity | CN¥15.55b |
Total liabilities | CN¥9.35b |
Total assets | CN¥24.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601098's short term assets (CN¥20.7B) exceed its short term liabilities (CN¥8.6B).
Long Term Liabilities: 601098's short term assets (CN¥20.7B) exceed its long term liabilities (CN¥742.4M).
Debt to Equity History and Analysis
Debt Level: 601098 has more cash than its total debt.
Reducing Debt: 601098 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 601098's debt is well covered by operating cash flow (2319.2%).
Interest Coverage: 601098 earns more interest than it pays, so coverage of interest payments is not a concern.