Virscend Education Balance Sheet Health
Financial Health criteria checks 0/6
Virscend Education has a total shareholder equity of CN¥849.1M and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 261.1%. Its total assets and total liabilities are CN¥4.2B and CN¥3.4B respectively. Virscend Education's EBIT is CN¥180.9M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥527.1M.
Key information
261.1%
Debt to equity ratio
CN¥2.22b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥527.12m |
| Equity | CN¥849.15m |
| Total liabilities | CN¥3.37b |
| Total assets | CN¥4.22b |
Recent financial health updates
No updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Virscend Education (HKG:1565)
May 03
What Virscend Education Company Limited's (HKG:1565) 33% Share Price Gain Is Not Telling You
Feb 27Shareholders Will Probably Not Have Any Issues With Virscend Education Company Limited's (HKG:1565) CEO Compensation
Jan 19Subdued Growth No Barrier To Virscend Education Company Limited (HKG:1565) With Shares Advancing 43%
Dec 18Virscend Education (HKG:1565) May Have Issues Allocating Its Capital
Nov 07Shareholders Will Be Pleased With The Quality of Virscend Education's (HKG:1565) Earnings
May 05Subdued Growth No Barrier To Virscend Education Company Limited's (HKG:1565) Price
Apr 18Shareholders Will Probably Hold Off On Increasing Virscend Education Company Limited's (HKG:1565) CEO Compensation For The Time Being
Feb 17The Returns On Capital At Virscend Education (HKG:1565) Don't Inspire Confidence
Jan 27Financial Position Analysis
Short Term Liabilities: 1565's short term assets (CN¥696.0M) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 1565's short term assets (CN¥696.0M) do not cover its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 1565's net debt to equity ratio (199%) is considered high.
Reducing Debt: 1565's debt to equity ratio has increased from 54% to 261.1% over the past 5 years.
Debt Coverage: 1565's debt is not well covered by operating cash flow (9%).
Interest Coverage: 1565's interest payments on its debt are not well covered by EBIT (1.6x coverage).