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¥3.7B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are CN¥6.9B and CN¥3.2B respectively. VATS Liquor Chain Store Management's EBIT is CN¥153.4M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥875.0M.
Key information
50.7%
Debt to equity ratio
CN¥1.89b
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥875.03m |
| Equity | CN¥3.72b |
| Total liabilities | CN¥3.17b |
| Total assets | CN¥6.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300755's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 300755's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥54.5M).
Debt to Equity History and Analysis
Debt Level: 300755's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: 300755's debt to equity ratio has increased from 21.9% to 50.7% 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 (4.9x coverage).