Wellhope Foods Balance Sheet Health
Financial Health criteria checks 3/6
Wellhope Foods has a total shareholder equity of CN¥7.5B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are CN¥14.9B and CN¥7.4B respectively.
Key information
55.7%
Debt to equity ratio
CN¥4.17b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.49b |
| Equity | CN¥7.49b |
| Total liabilities | CN¥7.36b |
| Total assets | CN¥14.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603609's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 603609's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 603609's net debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: 603609's debt to equity ratio has increased from 28.4% to 55.7% over the past 5 years.
Debt Coverage: 603609's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: Insufficient data to determine if 603609's interest payments on its debt are well covered by EBIT.