Vitasoy International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Vitasoy International Holdings has a total shareholder equity of HK$3.1B and total debt of HK$256.0M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are HK$5.6B and HK$2.5B respectively. Vitasoy International Holdings's EBIT is HK$183.8M making its interest coverage ratio 27. It has cash and short-term investments of HK$794.5M.
Key information
8.2%
Debt to equity ratio
HK$255.99m
Debt
| Interest coverage ratio | 27x |
| Cash | HK$794.45m |
| Equity | HK$3.11b |
| Total liabilities | HK$2.52b |
| Total assets | HK$5.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VS6's short term assets (HK$2.2B) exceed its short term liabilities (HK$2.2B).
Long Term Liabilities: VS6's short term assets (HK$2.2B) exceed its long term liabilities (HK$298.7M).
Debt to Equity History and Analysis
Debt Level: VS6 has more cash than its total debt.
Reducing Debt: VS6's debt to equity ratio has increased from 1.3% to 8.2% over the past 5 years.
Debt Coverage: VS6's debt is well covered by operating cash flow (308.8%).
Interest Coverage: VS6's interest payments on its debt are well covered by EBIT (27x coverage).