Ruicheng (China) Media Group Balance Sheet Health
Financial Health criteria checks 3/6
Ruicheng (China) Media Group has a total shareholder equity of CN¥182.8M and total debt of CN¥163.7M, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are CN¥575.7M and CN¥392.9M respectively.
Key information
89.5%
Debt to equity ratio
CN¥163.66m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥17.85m |
| Equity | CN¥182.77m |
| Total liabilities | CN¥392.88m |
| Total assets | CN¥575.66m |
Recent financial health updates
Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
May 24
Is Ruicheng (China) Media Group (HKG:1640) Using Too Much Debt?
Dec 08Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
Sep 01Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
Dec 23We Think Ruicheng (China) Media Group (HKG:1640) Has A Fair Chunk Of Debt
Sep 06Recent updates
Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
May 24Ruicheng (China) Media Group Limited's (HKG:1640) Business Is Trailing The Industry But Its Shares Aren't
Mar 28Is Ruicheng (China) Media Group (HKG:1640) Using Too Much Debt?
Dec 08Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
Sep 01Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
Dec 23We Think Ruicheng (China) Media Group (HKG:1640) Has A Fair Chunk Of Debt
Sep 06We Think Ruicheng (China) Media Group (HKG:1640) Can Stay On Top Of Its Debt
May 19Capital Allocation Trends At Ruicheng (China) Media Group (HKG:1640) Aren't Ideal
Mar 16Ruicheng (China) Media Group (HKG:1640) Will Want To Turn Around Its Return Trends
Nov 22Ruicheng (China) Media Group (HKG:1640) Could Be Struggling To Allocate Capital
Aug 09Investors Could Be Concerned With Ruicheng (China) Media Group's (HKG:1640) Returns On Capital
May 07We Think Ruicheng (China) Media Group (HKG:1640) Is Taking Some Risk With Its Debt
Apr 02Ruicheng (China) Media Group (HKG:1640) Knows How to Allocate Capital
Jan 02Financial Position Analysis
Short Term Liabilities: 1640's short term assets (CN¥554.6M) exceed its short term liabilities (CN¥362.9M).
Long Term Liabilities: 1640's short term assets (CN¥554.6M) exceed its long term liabilities (CN¥30.0M).
Debt to Equity History and Analysis
Debt Level: 1640's net debt to equity ratio (79.8%) is considered high.
Reducing Debt: 1640's debt to equity ratio has reduced from 100.7% to 89.5% over the past 5 years.
Debt Coverage: 1640's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1640's interest payments on its debt are well covered by EBIT.