Vatti Balance Sheet Health
Financial Health criteria checks 5/6
Vatti has a total shareholder equity of CN¥3.6B and total debt of CN¥58.6M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥6.8B and CN¥3.1B respectively. Vatti's EBIT is CN¥460.1M making its interest coverage ratio -8.4. It has cash and short-term investments of CN¥2.6B.
Key information
1.6%
Debt to equity ratio
CN¥58.61m
Debt
| Interest coverage ratio | -8.4x |
| Cash | CN¥2.61b |
| Equity | CN¥3.64b |
| Total liabilities | CN¥3.14b |
| Total assets | CN¥6.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002035's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002035's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥34.8M).
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 1.6% over the past 5 years.
Debt Coverage: 002035's debt is well covered by operating cash flow (1690.2%).
Interest Coverage: 002035 earns more interest than it pays, so coverage of interest payments is not a concern.