Alibaba Pictures Group Balance Sheet Health
Financial Health criteria checks 6/6
Alibaba Pictures Group has a total shareholder equity of CN¥16.2B and total debt of CN¥387.7M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥23.1B and CN¥6.9B respectively. Alibaba Pictures Group's EBIT is CN¥799.2M making its interest coverage ratio -3. It has cash and short-term investments of CN¥4.0B.
Key information
2.4%
Debt to equity ratio
CN¥387.71m
Debt
| Interest coverage ratio | -3x |
| Cash | CN¥3.99b |
| Equity | CN¥16.15b |
| Total liabilities | CN¥6.91b |
| Total assets | CN¥23.06b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1060's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥6.8B).
Long Term Liabilities: 1060's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥108.0M).
Debt to Equity History and Analysis
Debt Level: 1060 has more cash than its total debt.
Reducing Debt: 1060's debt to equity ratio has reduced from 5.1% to 2.4% over the past 5 years.
Debt Coverage: 1060's debt is well covered by operating cash flow (212.1%).
Interest Coverage: 1060 earns more interest than it pays, so coverage of interest payments is not a concern.