Zhejiang Wanma Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Wanma has a total shareholder equity of CN¥5.5B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are CN¥13.3B and CN¥7.8B respectively. Zhejiang Wanma's EBIT is CN¥567.9M making its interest coverage ratio 30.8. It has cash and short-term investments of CN¥2.1B.
Key information
23.3%
Debt to equity ratio
CN¥1.28b
Debt
| Interest coverage ratio | 30.8x |
| Cash | CN¥2.10b |
| Equity | CN¥5.51b |
| Total liabilities | CN¥7.81b |
| Total assets | CN¥13.32b |
Recent financial health updates
Recent updates
Cautious Investors Not Rewarding Zhejiang Wanma Co., Ltd.'s (SZSE:002276) Performance Completely
Jun 21
Here's Why We Think Zhejiang Wanma (SZSE:002276) Might Deserve Your Attention Today
Jun 06Investors Shouldn't Be Too Comfortable With Zhejiang Wanma's (SZSE:002276) Earnings
Apr 17Is Zhejiang Wanma (SZSE:002276) A Risky Investment?
Apr 12Zhejiang Wanma Co., Ltd.'s (SZSE:002276) Shares Bounce 31% But Its Business Still Trails The Market
Mar 06Financial Position Analysis
Short Term Liabilities: 002276's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥6.7B).
Long Term Liabilities: 002276's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002276 has more cash than its total debt.
Reducing Debt: 002276's debt to equity ratio has reduced from 37.1% to 23.3% over the past 5 years.
Debt Coverage: 002276's debt is well covered by operating cash flow (111.4%).
Interest Coverage: 002276's interest payments on its debt are well covered by EBIT (30.8x coverage).