Hunan Creator Information Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Hunan Creator Information Technologies has a total shareholder equity of CN¥364.1M and total debt of CN¥260.4M, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are CN¥914.1M and CN¥550.0M respectively.
Key information
71.5%
Debt to equity ratio
CN¥260.40m
Debt
Interest coverage ratio | n/a |
Cash | CN¥107.92m |
Equity | CN¥364.10m |
Total liabilities | CN¥549.99m |
Total assets | CN¥914.09m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300730's short term assets (CN¥732.9M) exceed its short term liabilities (CN¥501.1M).
Long Term Liabilities: 300730's short term assets (CN¥732.9M) exceed its long term liabilities (CN¥48.9M).
Debt to Equity History and Analysis
Debt Level: 300730's net debt to equity ratio (41.9%) is considered high.
Reducing Debt: 300730's debt to equity ratio has increased from 2.5% to 71.5% over the past 5 years.
Debt Coverage: 300730's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300730's interest payments on its debt are well covered by EBIT.