Veson Holdings Balance Sheet Health
Financial Health criteria checks 3/6
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 117.9%. Its total assets and total liabilities are CN¥4.3B and CN¥3.2B respectively. Veson Holdings's EBIT is CN¥84.5M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥255.4M.
Key information
117.9%
Debt to equity ratio
CN¥1.28b
Debt
Interest coverage ratio | 1.5x |
Cash | CN¥255.43m |
Equity | CN¥1.09b |
Total liabilities | CN¥3.21b |
Total assets | CN¥4.30b |
Recent financial health updates
Recent updates
We Think Veson Holdings' (HKG:1399) Profit Is Only A Baseline For What They Can Achieve
Sep 08Shareholders May Find It Hard To Justify Increasing Veson Holdings Limited's (HKG:1399) CEO Compensation For Now
May 23Here'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¥3.5B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 1399's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥248.2M).
Debt to Equity History and Analysis
Debt Level: 1399's net debt to equity ratio (94.4%) is considered high.
Reducing Debt: 1399's debt to equity ratio has increased from 34.8% to 117.9% over the past 5 years.
Debt Coverage: 1399's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 1399's interest payments on its debt are not well covered by EBIT (1.5x coverage).