Wellhope Foods Balance Sheet Health
Financial Health criteria checks 4/6
Wellhope Foods has a total shareholder equity of CN¥7.6B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are CN¥15.3B and CN¥7.6B respectively.
Key information
53.9%
Debt to equity ratio
CN¥4.12b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.62b |
| Equity | CN¥7.64b |
| Total liabilities | CN¥7.64b |
| Total assets | CN¥15.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603609's short term assets (CN¥6.6B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 603609's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 603609's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: 603609's debt to equity ratio has increased from 25.9% to 53.9% over the past 5 years.
Debt Coverage: 603609's debt is well covered by operating cash flow (30.2%).
Interest Coverage: Insufficient data to determine if 603609's interest payments on its debt are well covered by EBIT.