A8 New Media Group Balance Sheet Health
Financial Health criteria checks 6/6
A8 New Media Group has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥132.4M respectively. A8 New Media Group's EBIT is CN¥38.4M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥697.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥697.66m |
| Equity | CN¥1.56b |
| Total liabilities | CN¥132.35m |
| Total assets | CN¥1.69b |
Recent financial health updates
No updates
Recent updates
Concerns Surrounding A8 New Media Group's (HKG:800) Performance
Apr 24
Calculating The Fair Value Of A8 New Media Group Limited (HKG:800)
Feb 21Estimating The Intrinsic Value Of A8 New Media Group Limited (HKG:800)
Sep 01Calculating The Fair Value Of A8 New Media Group Limited (HKG:800)
May 03A8 New Media Group (HKG:800) Is Looking To Continue Growing Its Returns On Capital
Jan 12A8 New Media Group (HKG:800) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Sep 23Returns At A8 New Media Group (HKG:800) Are On The Way Up
Sep 02Calculating The Intrinsic Value Of A8 New Media Group Limited (HKG:800)
Jun 14A8 New Media Group's (HKG:800) Returns On Capital Are Heading Higher
Apr 02What We Learned About A8 New Media Group's (HKG:800) CEO Compensation
Dec 15Financial Position Analysis
Short Term Liabilities: 800's short term assets (CN¥713.8M) exceed its short term liabilities (CN¥49.8M).
Long Term Liabilities: 800's short term assets (CN¥713.8M) exceed its long term liabilities (CN¥82.5M).
Debt to Equity History and Analysis
Debt Level: 800 is debt free.
Reducing Debt: 800 has no debt compared to 5 years ago when its debt to equity ratio was 13.6%.
Debt Coverage: 800 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 800 has no debt, therefore coverage of interest payments is not a concern.