China 33 Media Group Balance Sheet Health
Financial Health criteria checks 5/6
China 33 Media Group has a total shareholder equity of CN¥34.4M and total debt of CN¥12.9M, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are CN¥273.4M and CN¥239.0M respectively.
Key information
37.6%
Debt to equity ratio
CN¥12.92m
Debt
Interest coverage ratio | n/a |
Cash | CN¥32.37m |
Equity | CN¥34.39m |
Total liabilities | CN¥239.01m |
Total assets | CN¥273.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8087's short term assets (CN¥263.2M) exceed its short term liabilities (CN¥238.9M).
Long Term Liabilities: 8087's short term assets (CN¥263.2M) exceed its long term liabilities (CN¥132.0K).
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 37.6% 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, due to free cash flow being positive and growing by 26.4% per year.