Western Regions Tourism DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Western Regions Tourism DevelopmentLtd has a total shareholder equity of CN¥717.0M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥764.7M and CN¥47.7M respectively. Western Regions Tourism DevelopmentLtd's EBIT is CN¥116.8M making its interest coverage ratio -10.3. It has cash and short-term investments of CN¥287.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -10.3x |
Cash | CN¥287.32m |
Equity | CN¥716.96m |
Total liabilities | CN¥47.70m |
Total assets | CN¥764.66m |
Recent financial health updates
No updates
Recent updates
Calculating The Intrinsic Value Of Western Regions Tourism Development Co.,Ltd (SZSE:300859)
Jul 12Returns On Capital At Western Regions Tourism DevelopmentLtd (SZSE:300859) Have Stalled
May 22A Look At The Intrinsic Value Of Western Regions Tourism Development Co.,Ltd (SZSE:300859)
Apr 03Western Regions Tourism Development Co.,Ltd (SZSE:300859) Investors Are Less Pessimistic Than Expected
Mar 12Financial Position Analysis
Short Term Liabilities: 300859's short term assets (CN¥300.7M) exceed its short term liabilities (CN¥28.0M).
Long Term Liabilities: 300859's short term assets (CN¥300.7M) exceed its long term liabilities (CN¥19.7M).
Debt to Equity History and Analysis
Debt Level: 300859 is debt free.
Reducing Debt: 300859 has no debt compared to 5 years ago when its debt to equity ratio was 18%.
Debt Coverage: 300859 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300859 has no debt, therefore coverage of interest payments is not a concern.