Anhui Xinhua Media Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Xinhua Media has a total shareholder equity of CN¥12.0B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥19.7B and CN¥7.7B respectively. Anhui Xinhua Media's EBIT is CN¥867.3M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥10.9B.
Key information
10.8%
Debt to equity ratio
CN¥1.30b
Debt
Interest coverage ratio | -3.8x |
Cash | CN¥10.95b |
Equity | CN¥12.03b |
Total liabilities | CN¥7.66b |
Total assets | CN¥19.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601801's short term assets (CN¥14.8B) exceed its short term liabilities (CN¥6.7B).
Long Term Liabilities: 601801's short term assets (CN¥14.8B) exceed its long term liabilities (CN¥932.0M).
Debt to Equity History and Analysis
Debt Level: 601801 has more cash than its total debt.
Reducing Debt: 601801's debt to equity ratio has increased from 0% to 10.8% over the past 5 years.
Debt Coverage: 601801's debt is well covered by operating cash flow (35.6%).
Interest Coverage: 601801 earns more interest than it pays, so coverage of interest payments is not a concern.