Xinhua News Media Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Xinhua News Media Holdings has a total shareholder equity of HK$97.1M and total debt of HK$9.0M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are HK$169.8M and HK$72.7M respectively.
Key information
9.3%
Debt to equity ratio
HK$8.99m
Debt
Interest coverage ratio | n/a |
Cash | HK$81.61m |
Equity | HK$97.07m |
Total liabilities | HK$72.71m |
Total assets | HK$169.78m |
Recent financial health updates
Is Xinhua News Media Holdings (HKG:309) Using Debt Sensibly?
Mar 16Is Xinhua News Media Holdings (HKG:309) A Risky Investment?
Mar 24Is Xinhua News Media Holdings (HKG:309) Using Debt Sensibly?
Nov 28Recent updates
Xinhua News Media Holdings Limited (HKG:309) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Mar 07Xinhua News Media Holdings Limited (HKG:309) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Apr 17Is Xinhua News Media Holdings (HKG:309) Using Debt Sensibly?
Mar 16Is Xinhua News Media Holdings (HKG:309) A Risky Investment?
Mar 24Is Xinhua News Media Holdings (HKG:309) Using Debt Sensibly?
Nov 28Xinhua News Media Holdings (HKG:309) Strong Profits May Be Masking Some Underlying Issues
Aug 06Xinhua News Media Holdings Limited (HKG:309) Insiders Increased Their Holdings
Jan 11Financial Position Analysis
Short Term Liabilities: 309's short term assets (HK$153.3M) exceed its short term liabilities (HK$69.7M).
Long Term Liabilities: 309's short term assets (HK$153.3M) exceed its long term liabilities (HK$3.0M).
Debt to Equity History and Analysis
Debt Level: 309 has more cash than its total debt.
Reducing Debt: 309's debt to equity ratio has increased from 4.8% to 9.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 309 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 309 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 15.5% each year