Kuke Music Holding Balance Sheet Health
Financial Health criteria checks 1/6
Kuke Music Holding has a total shareholder equity of CN¥73.6M and total debt of CN¥48.6M, which brings its debt-to-equity ratio to 66%. Its total assets and total liabilities are CN¥262.3M and CN¥188.6M respectively.
Key information
66.0%
Debt to equity ratio
CN¥48.61m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.99m |
| Equity | CN¥73.61m |
| Total liabilities | CN¥188.64m |
| Total assets | CN¥262.25m |
Recent financial health updates
Recent updates
Optimistic Investors Push Kuke Music Holding Limited (NYSE:KUKE) Shares Up 29% But Growth Is Lacking
Mar 21
Kuke Music Holding Limited's (NYSE:KUKE) Share Price Could Signal Some Risk
Feb 01Unpleasant Surprises Could Be In Store For Kuke Music Holding Limited's (NYSE:KUKE) Shares
Jun 10Kuke Music Non-GAAP EPS of $0.09, revenue of $8.1M
Aug 19Financial Position Analysis
Short Term Liabilities: KUKE's short term assets (CN¥79.3M) do not cover its short term liabilities (CN¥184.9M).
Long Term Liabilities: KUKE's short term assets (CN¥79.3M) exceed its long term liabilities (CN¥3.8M).
Debt to Equity History and Analysis
Debt Level: KUKE's net debt to equity ratio (62%) is considered high.
Reducing Debt: Insufficient data to determine if KUKE's debt to equity ratio has reduced 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: Insufficient data to determine if KUKE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if KUKE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.