Sound Group Balance Sheet Health
Financial Health criteria checks 5/6
Sound Group has a total shareholder equity of CN¥421.0M and total debt of CN¥7.2M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥701.0M and CN¥280.1M respectively. Sound Group's EBIT is CN¥15.8M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥605.4M.
Key information
1.7%
Debt to equity ratio
CN¥7.18m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥605.44m |
| Equity | CN¥420.98m |
| Total liabilities | CN¥280.05m |
| Total assets | CN¥701.03m |
Recent financial health updates
Recent updates
Sound Group (NASDAQ:SOGP) Is Looking To Continue Growing Its Returns On Capital
Mar 28
There Is A Reason Sound Group Inc.'s (NASDAQ:SOGP) Price Is Undemanding
Jan 31Lizhi's (NASDAQ:LIZI) Returns On Capital Are Heading Higher
Sep 20Lizhi Inc.'s (NASDAQ:LIZI) 26% Dip In Price Shows Sentiment Is Matching Earnings
Jul 22Is Lizhi Inc. (NASDAQ:LIZI) Potentially Undervalued?
Jun 16Investors Will Want Lizhi's (NASDAQ:LIZI) Growth In ROCE To Persist
May 08Lizhi (NASDAQ:LIZI) Shareholders Will Want The ROCE Trajectory To Continue
Jan 07Should You Think About Buying Lizhi Inc. (NASDAQ:LIZI) Now?
Nov 17Lizhi receives minimum bid price notification from Nasdaq
Oct 12LIZHI Non-GAAP EPS of $0.07, revenue of $77M
Aug 18Calculating The Fair Value Of Lizhi Inc. (NASDAQ:LIZI)
May 02When Should You Buy Lizhi Inc. (NASDAQ:LIZI)?
Mar 05Is Lizhi Inc. (NASDAQ:LIZI) Expensive For A Reason? A Look At Its Intrinsic Value
Jan 07Lizhi Continues Growth Under Regulatory Uncertainty
Nov 22Lizhi partners with EV automaker Li Motor to integrate in-car podcasts
Jun 04Lizhi trades higher on LIZHI Podcast App selected by Apple App store
May 28Lizhi soars on collaborations with Chinese automobile manufacturers
Dec 23Here's What Lizhi Inc.'s (NASDAQ:LIZI) Shareholder Ownership Structure Looks Like
Dec 21Lizhi Seeks In-Car Collaborations To Reignite Growth
Dec 18Lizhi Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 12Financial Position Analysis
Short Term Liabilities: SOGP's short term assets (CN¥652.6M) exceed its short term liabilities (CN¥274.3M).
Long Term Liabilities: SOGP's short term assets (CN¥652.6M) exceed its long term liabilities (CN¥5.8M).
Debt to Equity History and Analysis
Debt Level: SOGP has more cash than its total debt.
Reducing Debt: SOGP's debt to equity ratio has increased from 0% to 1.7% over the past 5 years.
Debt Coverage: SOGP's debt is well covered by operating cash flow (1897.9%).
Interest Coverage: SOGP earns more interest than it pays, so coverage of interest payments is not a concern.