Wens Foodstuff Group Balance Sheet Health
Financial Health criteria checks 3/6
Wens Foodstuff Group has a total shareholder equity of CN¥34.7B and total debt of CN¥29.7B, which brings its debt-to-equity ratio to 85.7%. Its total assets and total liabilities are CN¥94.7B and CN¥60.0B respectively.
Key information
85.7%
Debt to equity ratio
CN¥29.71b
Debt
Interest coverage ratio | n/a |
Cash | CN¥11.48b |
Equity | CN¥34.68b |
Total liabilities | CN¥60.00b |
Total assets | CN¥94.68b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300498's short term assets (CN¥35.8B) exceed its short term liabilities (CN¥32.3B).
Long Term Liabilities: 300498's short term assets (CN¥35.8B) exceed its long term liabilities (CN¥27.7B).
Debt to Equity History and Analysis
Debt Level: 300498's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: 300498's debt to equity ratio has increased from 21.5% to 85.7% over the past 5 years.
Debt Coverage: 300498's debt is well covered by operating cash flow (35%).
Interest Coverage: Insufficient data to determine if 300498's interest payments on its debt are well covered by EBIT.