Xinhua Winshare Publishing and Media Balance Sheet Health
Financial Health criteria checks 5/6
Xinhua Winshare Publishing and Media has a total shareholder equity of CN¥13.4B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CN¥21.8B and CN¥8.4B respectively. Xinhua Winshare Publishing and Media's EBIT is CN¥1.4B making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥9.6B.
Key information
0.07%
Debt to equity ratio
CN¥10.00m
Debt
Interest coverage ratio | -4.5x |
Cash | CN¥9.57b |
Equity | CN¥13.41b |
Total liabilities | CN¥8.37b |
Total assets | CN¥21.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHXW.F's short term assets (CN¥14.0B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: SHXW.F's short term assets (CN¥14.0B) exceed its long term liabilities (CN¥499.2M).
Debt to Equity History and Analysis
Debt Level: SHXW.F has more cash than its total debt.
Reducing Debt: SHXW.F's debt to equity ratio has increased from 0% to 0.07% over the past 5 years.
Debt Coverage: SHXW.F's debt is well covered by operating cash flow (23530.3%).
Interest Coverage: SHXW.F earns more interest than it pays, so coverage of interest payments is not a concern.