Vanov Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Vanov Holdings has a total shareholder equity of CN¥409.0M and total debt of CN¥330.4M, which brings its debt-to-equity ratio to 80.8%. Its total assets and total liabilities are CN¥823.1M and CN¥414.0M respectively. Vanov Holdings's EBIT is CN¥61.8M making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥79.5M.
Key information
80.8%
Debt to equity ratio
CN¥330.40m
Debt
| Interest coverage ratio | 7.3x |
| Cash | CN¥79.46m |
| Equity | CN¥409.01m |
| Total liabilities | CN¥414.05m |
| Total assets | CN¥823.06m |
Recent financial health updates
Recent updates
Vanov Holdings' (HKG:2260) Profits May Not Reveal Underlying Issues
Apr 26
Vanov 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¥308.5M) exceed its short term liabilities (CN¥191.3M).
Long Term Liabilities: 2260's short term assets (CN¥308.5M) exceed its long term liabilities (CN¥222.7M).
Debt to Equity History and Analysis
Debt Level: 2260's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: 2260's debt to equity ratio has reduced from 142.6% to 80.8% over the past 5 years.
Debt Coverage: 2260's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: 2260's interest payments on its debt are well covered by EBIT (7.3x coverage).