Vatti Balance Sheet Health
Financial Health criteria checks 5/6
Vatti has a total shareholder equity of CN¥3.7B and total debt of CN¥76.9M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥7.0B and CN¥3.3B respectively. Vatti's EBIT is CN¥471.4M making its interest coverage ratio -8.4. It has cash and short-term investments of CN¥2.8B.
Key information
2.1%
Debt to equity ratio
CN¥76.93m
Debt
| Interest coverage ratio | -8.4x |
| Cash | CN¥2.80b |
| Equity | CN¥3.74b |
| Total liabilities | CN¥3.25b |
| Total assets | CN¥6.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002035's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002035's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥54.5M).
Debt to Equity History and Analysis
Debt Level: 002035 has more cash than its total debt.
Reducing Debt: 002035's debt to equity ratio has increased from 0% to 2.1% over the past 5 years.
Debt Coverage: 002035's debt is well covered by operating cash flow (1013.7%).
Interest Coverage: 002035 earns more interest than it pays, so coverage of interest payments is not a concern.