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
No updates
Recent updates
Financial 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.