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¥1.4B, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are CN¥7.0B and CN¥3.1B respectively. VATS Liquor Chain Store Management's EBIT is CN¥224.5M making its interest coverage ratio 10.3. It has cash and short-term investments of CN¥1.0B.
Key information
36.7%
Debt to equity ratio
CN¥1.41b
Debt
| Interest coverage ratio | 10.3x |
| Cash | CN¥1.01b |
| Equity | CN¥3.85b |
| Total liabilities | CN¥3.13b |
| Total assets | CN¥6.98b |
Recent financial health updates
Is VATS Liquor Chain Store Management (SZSE:300755) A Risky Investment?
Oct 07
VATS Liquor Chain Store Management (SZSE:300755) Seems To Use Debt Quite Sensibly
Jun 17Recent updates
Is VATS Liquor Chain Store Management (SZSE:300755) A Risky Investment?
Oct 07VATS Liquor Chain Store Management Joint Stock Co., Ltd.'s (SZSE:300755) Shares Climb 70% But Its Business Is Yet to Catch Up
Oct 07Returns On Capital At VATS Liquor Chain Store Management (SZSE:300755) Paint A Concerning Picture
Sep 18Benign Growth For VATS Liquor Chain Store Management Joint Stock Co., Ltd. (SZSE:300755) Underpins Its Share Price
Aug 22VATS Liquor Chain Store Management (SZSE:300755) Seems To Use Debt Quite Sensibly
Jun 17Capital Allocation Trends At VATS Liquor Chain Store Management (SZSE:300755) Aren't Ideal
May 25VATS Liquor Chain Store Management's (SZSE:300755) Shareholders May Want To Dig Deeper Than Statutory Profit
May 02Investors Aren't Entirely Convinced By VATS Liquor Chain Store Management Joint Stock Co., Ltd.'s (SZSE:300755) Earnings
Apr 03Financial Position Analysis
Short Term Liabilities: 300755's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 300755's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥59.1M).
Debt to Equity History and Analysis
Debt Level: 300755's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 300755's debt to equity ratio has increased from 25.8% to 36.7% over the past 5 years.
Debt Coverage: 300755's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300755's interest payments on its debt are well covered by EBIT (10.3x coverage).