Vesync Balance Sheet Health
Financial Health criteria checks 6/6
Vesync has a total shareholder equity of $327.5M and total debt of $29.8M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are $565.1M and $237.6M respectively. Vesync's EBIT is $91.7M making its interest coverage ratio -40.9. It has cash and short-term investments of $137.1M.
Key information
9.1%
Debt to equity ratio
US$29.80m
Debt
| Interest coverage ratio | -40.9x |
| Cash | US$137.06m |
| Equity | US$327.52m |
| Total liabilities | US$237.62m |
| Total assets | US$565.13m |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On Vesync Co., Ltd (HKG:2148) Might Be Difficult
Mar 01
Estimating The Fair Value Of Vesync Co., Ltd (HKG:2148)
Nov 24Is Vesync Co., Ltd (HKG:2148) Trading At A 48% Discount?
Aug 23Investors Interested In Vesync Co., Ltd's (HKG:2148) Revenues
Jul 18Vesync (HKG:2148) Is Reinvesting At Lower Rates Of Return
May 07Be Wary Of Vesync (HKG:2148) And Its Returns On Capital
Jan 28An Intrinsic Calculation For Vesync Co., Ltd (HKG:2148) Suggests It's 50% Undervalued
Nov 04Estimating The Intrinsic Value Of Vesync Co., Ltd (HKG:2148)
Jun 19We Think That There Are Issues Underlying Vesync's (HKG:2148) Earnings
Apr 27Is Vesync Co., Ltd's (HKG:2148) Shareholder Ownership Skewed Towards Insiders?
Mar 18Financial Position Analysis
Short Term Liabilities: 2148's short term assets ($505.9M) exceed its short term liabilities ($228.2M).
Long Term Liabilities: 2148's short term assets ($505.9M) exceed its long term liabilities ($9.4M).
Debt to Equity History and Analysis
Debt Level: 2148 has more cash than its total debt.
Reducing Debt: 2148's debt to equity ratio has reduced from 231.2% to 9.1% over the past 5 years.
Debt Coverage: 2148's debt is well covered by operating cash flow (221.5%).
Interest Coverage: 2148 earns more interest than it pays, so coverage of interest payments is not a concern.