VCREDIT Holdings Balance Sheet Health
Financial Health criteria checks 3/6
VCREDIT Holdings has a total shareholder equity of CN¥4.2B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 136.9%. Its total assets and total liabilities are CN¥11.7B and CN¥7.5B respectively.
Key information
136.9%
Debt to equity ratio
CN¥5.81b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.52b |
| Equity | CN¥4.24b |
| Total liabilities | CN¥7.50b |
| Total assets | CN¥11.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5R6's short term assets (CN¥10.9B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 5R6's short term assets (CN¥10.9B) exceed its long term liabilities (CN¥4.4B).
Debt to Equity History and Analysis
Debt Level: 5R6's net debt to equity ratio (101.2%) is considered high.
Reducing Debt: 5R6's debt to equity ratio has reduced from 265.4% to 136.9% over the past 5 years.
Debt Coverage: 5R6's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 5R6's interest payments on its debt are well covered by EBIT.