VATS Liquor Chain Store Management Balance Sheet Health
Financial Health criteria checks 4/6
VATS Liquor Chain Store Management has a total shareholder equity of CN¥3.9B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥7.4B and CN¥3.5B respectively. VATS Liquor Chain Store Management's EBIT is CN¥263.2M making its interest coverage ratio 19.9. It has cash and short-term investments of CN¥1.8B.
Key information
31.3%
Debt to equity ratio
CN¥1.22b
Debt
| Interest coverage ratio | 19.9x |
| Cash | CN¥1.77b |
| Equity | CN¥3.88b |
| Total liabilities | CN¥3.53b |
| Total assets | CN¥7.41b |
Financial Position Analysis
Short Term Liabilities: 300755's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 300755's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥61.6M).
Debt to Equity History and Analysis
Debt Level: 300755 has more cash than its total debt.
Reducing Debt: 300755's debt to equity ratio has increased from 24.2% to 31.3% over the past 5 years.
Debt Coverage: 300755's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 300755's interest payments on its debt are well covered by EBIT (19.9x coverage).