Kuke Music Holding Balance Sheet Health
Financial Health criteria checks 1/6
Kuke Music Holding has a total shareholder equity of CN¥53.7M and total debt of CN¥35.7M, which brings its debt-to-equity ratio to 66.5%. Its total assets and total liabilities are CN¥265.3M and CN¥211.7M respectively.
Key information
66.5%
Debt to equity ratio
CN¥35.70m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.83m |
| Equity | CN¥53.66m |
| Total liabilities | CN¥211.65m |
| Total assets | CN¥265.32m |
Recent financial health updates
Recent updates
Revenues Not Telling The Story For Kuke Music Holding Limited (NYSE:KUKE) After Shares Rise 37%
Oct 15
What Kuke Music Holding Limited's (NYSE:KUKE) P/S Is Not Telling You
Aug 22Optimistic Investors Push Kuke Music Holding Limited (NYSE:KUKE) Shares Up 29% But Growth Is Lacking
Mar 21Kuke 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¥97.3M) do not cover its short term liabilities (CN¥204.7M).
Long Term Liabilities: KUKE's short term assets (CN¥97.3M) exceed its long term liabilities (CN¥6.9M).
Debt to Equity History and Analysis
Debt Level: KUKE's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: KUKE's debt to equity ratio has increased from 26.7% to 66.5% 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.