Wens Foodstuff Group Balance Sheet Health
Financial Health criteria checks 4/6
Wens Foodstuff Group has a total shareholder equity of CN¥37.2B and total debt of CN¥24.3B, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are CN¥90.5B and CN¥53.4B respectively. Wens Foodstuff Group's EBIT is CN¥1.4B making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥10.1B.
Key information
65.4%
Debt to equity ratio
CN¥24.31b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥10.12b |
| Equity | CN¥37.17b |
| Total liabilities | CN¥53.37b |
| Total assets | CN¥90.54b |
Recent financial health updates
Recent updates
Wens Foodstuff Group Co., Ltd. Just Beat EPS By 12%: Here's What Analysts Think Will Happen Next
Aug 29
Here's Why Wens Foodstuff Group (SZSE:300498) Can Afford Some Debt
Aug 12Wens Foodstuff Group's (SZSE:300498) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 16Investors Aren't Entirely Convinced By Wens Foodstuff Group Co., Ltd.'s (SZSE:300498) Revenues
Jun 06Financial Position Analysis
Short Term Liabilities: 300498's short term assets (CN¥32.0B) exceed its short term liabilities (CN¥28.2B).
Long Term Liabilities: 300498's short term assets (CN¥32.0B) exceed its long term liabilities (CN¥25.2B).
Debt to Equity History and Analysis
Debt Level: 300498's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: 300498's debt to equity ratio has increased from 25.4% to 65.4% over the past 5 years.
Debt Coverage: 300498's debt is well covered by operating cash flow (43.6%).
Interest Coverage: 300498's interest payments on its debt are not well covered by EBIT (2.4x coverage).