China 33 Media Group Balance Sheet Health
Financial Health criteria checks 5/6
China 33 Media Group has a total shareholder equity of CN¥26.6M and total debt of CN¥13.9M, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are CN¥326.9M and CN¥300.4M respectively.
Key information
52.4%
Debt to equity ratio
CN¥13.91m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥30.99m |
| Equity | CN¥26.56m |
| Total liabilities | CN¥300.39m |
| Total assets | CN¥326.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8087's short term assets (CN¥316.2M) exceed its short term liabilities (CN¥300.4M).
Long Term Liabilities: 8087 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8087 has more cash than its total debt.
Reducing Debt: 8087's debt to equity ratio has increased from 0% to 52.4% 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: Whilst unprofitable 8087 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8087 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.8% per year.