Southern Publishing and MediaLtd Balance Sheet Health
Financial Health criteria checks 5/6
Southern Publishing and MediaLtd has a total shareholder equity of CN¥8.9B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are CN¥17.0B and CN¥8.1B respectively. Southern Publishing and MediaLtd's EBIT is CN¥1.1B making its interest coverage ratio -9.7. It has cash and short-term investments of CN¥3.2B.
Key information
14.8%
Debt to equity ratio
CN¥1.32b
Debt
Interest coverage ratio | -9.7x |
Cash | CN¥3.17b |
Equity | CN¥8.93b |
Total liabilities | CN¥8.11b |
Total assets | CN¥17.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601900's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥6.3B).
Long Term Liabilities: 601900's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 601900 has more cash than its total debt.
Reducing Debt: 601900's debt to equity ratio has increased from 1.8% to 14.8% over the past 5 years.
Debt Coverage: 601900's debt is well covered by operating cash flow (91.8%).
Interest Coverage: 601900 earns more interest than it pays, so coverage of interest payments is not a concern.