Veson Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Veson Holdings has a total shareholder equity of CN¥1.1B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 119.8%. Its total assets and total liabilities are CN¥4.9B and CN¥3.8B respectively. Veson Holdings's EBIT is CN¥79.7M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥133.8M.
Key information
119.8%
Debt to equity ratio
CN¥1.30b
Debt
Interest coverage ratio | 1.3x |
Cash | CN¥133.83m |
Equity | CN¥1.09b |
Total liabilities | CN¥3.78b |
Total assets | CN¥4.87b |
Recent financial health updates
Recent updates
Here's What's Concerning About Veson Holdings' (HKG:1399) Returns On Capital
Feb 19Veson Holdings (HKG:1399) Hasn't Managed To Accelerate Its Returns
Jul 26Return Trends At Veson Holdings (HKG:1399) Aren't Appealing
Apr 14Returns At Veson Holdings (HKG:1399) Are On The Way Up
Nov 21Investors Will Want Veson Holdings' (HKG:1399) Growth In ROCE To Persist
Jul 22Veson Holdings (HKG:1399) Is Looking To Continue Growing Its Returns On Capital
Mar 22Veson Holdings (HKG:1399) Seems To Be Using A Lot Of Debt
Nov 12Veson Holdings (HKG:1399) Is Experiencing Growth In Returns On Capital
Sep 09What Can The Trends At Veson Holdings (HKG:1399) Tell Us About Their Returns?
Jan 29Here's Why We Don't Think Veson Holdings's (HKG:1399) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 07Financial Position Analysis
Short Term Liabilities: 1399's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 1399's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥273.2M).
Debt to Equity History and Analysis
Debt Level: 1399's net debt to equity ratio (107.5%) is considered high.
Reducing Debt: 1399's debt to equity ratio has increased from 43.9% to 119.8% over the past 5 years.
Debt Coverage: 1399's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1399's interest payments on its debt are not well covered by EBIT (1.3x coverage).