Shanghai DOBE Cultural & Creative Industry Development (Group)Co Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai DOBE Cultural & Creative Industry Development (Group)Co has a total shareholder equity of CN¥1.4B and total debt of CN¥525.0M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are CN¥6.2B and CN¥4.8B respectively. Shanghai DOBE Cultural & Creative Industry Development (Group)Co's EBIT is CN¥169.0M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥461.4M.
Key information
38.2%
Debt to equity ratio
CN¥525.02m
Debt
Interest coverage ratio | 1.1x |
Cash | CN¥461.35m |
Equity | CN¥1.38b |
Total liabilities | CN¥4.83b |
Total assets | CN¥6.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300947's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300947's short term assets (CN¥1.3B) do not cover its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 300947's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 300947's debt to equity ratio has increased from 0.6% to 38.2% over the past 5 years.
Debt Coverage: 300947's debt is well covered by operating cash flow (155.4%).
Interest Coverage: 300947's interest payments on its debt are not well covered by EBIT (1.1x coverage).