Macrolink Culturaltainment Development Balance Sheet Health
Financial Health criteria checks 4/6
Macrolink Culturaltainment Development has a total shareholder equity of CN¥6.0B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are CN¥14.1B and CN¥8.1B respectively.
Key information
34.1%
Debt to equity ratio
CN¥2.04b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥854.74m |
| Equity | CN¥5.98b |
| Total liabilities | CN¥8.09b |
| Total assets | CN¥14.07b |
Recent financial health updates
Recent updates
Macrolink Culturaltainment Development's (SZSE:000620) Earnings Might Not Be As Promising As They Seem
Apr 24
Macrolink Culturaltainment Development (SZSE:000620) Is Carrying A Fair Bit Of Debt
Apr 11Macrolink Culturaltainment Development Co., Ltd.'s (SZSE:000620) Price Is Right But Growth Is Lacking
Mar 07Financial Position Analysis
Short Term Liabilities: 000620's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥6.4B).
Long Term Liabilities: 000620's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 000620's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: 000620's debt to equity ratio has reduced from 268.9% to 34.1% over the past 5 years.
Debt Coverage: 000620's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: Insufficient data to determine if 000620's interest payments on its debt are well covered by EBIT.