Vanov Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Vanov Holdings has a total shareholder equity of CN¥370.7M and total debt of CN¥328.3M, which brings its debt-to-equity ratio to 88.6%. Its total assets and total liabilities are CN¥789.7M and CN¥419.0M respectively. Vanov Holdings's EBIT is CN¥60.4M making its interest coverage ratio 6.6. It has cash and short-term investments of CN¥44.3M.
Key information
88.6%
Debt to equity ratio
CN¥328.33m
Debt
| Interest coverage ratio | 6.6x |
| Cash | CN¥44.27m |
| Equity | CN¥370.68m |
| Total liabilities | CN¥419.00m |
| Total assets | CN¥789.68m |
Recent financial health updates
Here's Why Vanov Holdings (HKG:2260) Has A Meaningful Debt Burden
Nov 04
Vanov Holdings (HKG:2260) Takes On Some Risk With Its Use Of Debt
Apr 15Recent updates
Vanov Holdings Company Limited's (HKG:2260) 26% Share Price Surge Not Quite Adding Up
Nov 15Here's Why Vanov Holdings (HKG:2260) Has A Meaningful Debt Burden
Nov 04Be Wary Of Vanov Holdings (HKG:2260) And Its Returns On Capital
Oct 07Some Vanov Holdings Company Limited (HKG:2260) Shareholders Look For Exit As Shares Take 34% Pounding
Sep 16Vanov Holdings Company Limited's (HKG:2260) Shares Climb 36% But Its Business Is Yet to Catch Up
Jul 11Be Wary Of Vanov Holdings (HKG:2260) And Its Returns On Capital
Jun 21Vanov Holdings' (HKG:2260) Profits May Not Reveal Underlying Issues
Apr 26Vanov Holdings (HKG:2260) Takes On Some Risk With Its Use Of Debt
Apr 15The Returns On Capital At Vanov Holdings (HKG:2260) Don't Inspire Confidence
Feb 19There Are Reasons To Feel Uneasy About Vanov Holdings' (HKG:2260) Returns On Capital
Nov 09Vanov Holdings' (HKG:2260) Earnings Are Of Questionable Quality
Sep 29Vanov Holdings Company Limited's (HKG:2260) Business Is Trailing The Market But Its Shares Aren't
May 11Financial Position Analysis
Short Term Liabilities: 2260's short term assets (CN¥263.4M) do not cover its short term liabilities (CN¥293.0M).
Long Term Liabilities: 2260's short term assets (CN¥263.4M) exceed its long term liabilities (CN¥126.0M).
Debt to Equity History and Analysis
Debt Level: 2260's net debt to equity ratio (76.6%) is considered high.
Reducing Debt: 2260's debt to equity ratio has reduced from 114.9% to 88.6% over the past 5 years.
Debt Coverage: 2260's debt is well covered by operating cash flow (22.1%).
Interest Coverage: 2260's interest payments on its debt are well covered by EBIT (6.6x coverage).