ValiantLtd Balance Sheet Health
Financial Health criteria checks 5/6
ValiantLtd has a total shareholder equity of CN¥7.8B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are CN¥10.7B and CN¥2.9B respectively. ValiantLtd's EBIT is CN¥595.8M making its interest coverage ratio 44.3. It has cash and short-term investments of CN¥1.5B.
Key information
23.9%
Debt to equity ratio
CN¥1.85b
Debt
| Interest coverage ratio | 44.3x |
| Cash | CN¥1.52b |
| Equity | CN¥7.76b |
| Total liabilities | CN¥2.93b |
| Total assets | CN¥10.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002643's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002643's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 002643's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 002643's debt to equity ratio has increased from 4.2% to 23.9% over the past 5 years.
Debt Coverage: 002643's debt is well covered by operating cash flow (67.1%).
Interest Coverage: 002643's interest payments on its debt are well covered by EBIT (44.3x coverage).