Macrolink Culturaltainment Development Balance Sheet Health
Financial Health criteria checks 4/6
Macrolink Culturaltainment Development has a total shareholder equity of CN¥6.1B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are CN¥13.7B and CN¥7.6B respectively.
Key information
34.5%
Debt to equity ratio
CN¥2.10b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥927.32m |
| Equity | CN¥6.09b |
| Total liabilities | CN¥7.59b |
| Total assets | CN¥13.68b |
Recent financial health updates
Would Macrolink Culturaltainment Development (SZSE:000620) Be Better Off With Less Debt?
Jan 09
We Think Macrolink Culturaltainment Development (SZSE:000620) Has A Fair Chunk Of Debt
Sep 01Macrolink Culturaltainment Development (SZSE:000620) Is Carrying A Fair Bit Of Debt
Apr 11Recent updates
More Unpleasant Surprises Could Be In Store For Macrolink Culturaltainment Development Co., Ltd.'s (SZSE:000620) Shares After Tumbling 32%
Jan 10Would Macrolink Culturaltainment Development (SZSE:000620) Be Better Off With Less Debt?
Jan 09There's Reason For Concern Over Macrolink Culturaltainment Development Co., Ltd.'s (SZSE:000620) Massive 41% Price Jump
Nov 12Macrolink Culturaltainment Development's (SZSE:000620) Earnings Are Built On Soft Foundations
Nov 06Optimistic Investors Push Macrolink Culturaltainment Development Co., Ltd. (SZSE:000620) Shares Up 27% But Growth Is Lacking
Sep 28We Think Macrolink Culturaltainment Development (SZSE:000620) Has A Fair Chunk Of Debt
Sep 01Revenues Not Telling The Story For Macrolink Culturaltainment Development Co., Ltd. (SZSE:000620) After Shares Rise 29%
May 22Macrolink Culturaltainment Development's (SZSE:000620) Earnings Might Not Be As Promising As They Seem
Apr 24Macrolink 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¥8.7B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 000620's short term assets (CN¥8.7B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 000620's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 000620's debt to equity ratio has reduced from 282.4% to 34.5% over the past 5 years.
Debt Coverage: 000620's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000620's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 08:42 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Macrolink Culturaltainment Development Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuebo Li | Industrial Securities Co. Ltd. |
| Jun Hong | Shenwan Hongyuan Securities |
| Yu Yin | TX Investment Consulting Co., Ltd. |