China Vocational Education Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Vocational Education Holdings has a total shareholder equity of CN¥3.4B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are CN¥7.3B and CN¥3.9B respectively. China Vocational Education Holdings's EBIT is CN¥496.5M making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥985.5M.
Key information
74.5%
Debt to equity ratio
CN¥2.51b
Debt
Interest coverage ratio | 5.3x |
Cash | CN¥985.52m |
Equity | CN¥3.37b |
Total liabilities | CN¥3.91b |
Total assets | CN¥7.27b |
Recent financial health updates
Here's Why China Vocational Education Holdings (HKG:1756) Is Weighed Down By Its Debt Load
Apr 27These 4 Measures Indicate That China Vocational Education Holdings (HKG:1756) Is Using Debt In A Risky Way
Dec 22Here's Why China Vocational Education Holdings (HKG:1756) Is Weighed Down By Its Debt Load
May 06Huali University Group (HKG:1756) Has A Somewhat Strained Balance Sheet
Dec 06Recent updates
China Vocational Education Holdings Limited's (HKG:1756) Share Price Is Matching Sentiment Around Its Revenues
Jan 30Returns On Capital At China Vocational Education Holdings (HKG:1756) Have Stalled
Oct 05Here's Why China Vocational Education Holdings (HKG:1756) Is Weighed Down By Its Debt Load
Apr 27These 4 Measures Indicate That China Vocational Education Holdings (HKG:1756) Is Using Debt In A Risky Way
Dec 22Be Wary Of China Vocational Education Holdings (HKG:1756) And Its Returns On Capital
Sep 22The Returns On Capital At China Vocational Education Holdings (HKG:1756) Don't Inspire Confidence
Jun 23Here's Why China Vocational Education Holdings (HKG:1756) Is Weighed Down By Its Debt Load
May 06Huali University Group's (HKG:1756) Returns On Capital Not Reflecting Well On The Business
Mar 16Huali University Group's (HKG:1756) Shareholders Will Receive A Smaller Dividend Than Last Year
Jan 22Huali University Group (HKG:1756) Is Paying Out Less In Dividends Than Last Year
Dec 22Huali University Group (HKG:1756) Will Pay A Smaller Dividend Than Last Year
Nov 24Huali University Group (HKG:1756) Is Reinvesting At Lower Rates Of Return
Jul 09Capital Allocation Trends At Huali University Group (HKG:1756) Aren't Ideal
Apr 03Investors In Huali University Group Limited (HKG:1756) Should Consider This, First
Mar 07A Look At Huali University Group's (HKG:1756) Share Price Returns
Feb 15Huali University Group Limited's (HKG:1756) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Jan 28A Look At The Intrinsic Value Of Huali University Group Limited (HKG:1756)
Jan 11Is Huali University Group (HKG:1756) Likely To Turn Things Around?
Dec 24Huali University Group (HKG:1756) Has A Somewhat Strained Balance Sheet
Dec 06Financial Position Analysis
Short Term Liabilities: 1756's short term assets (CN¥1.0B) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 1756's short term assets (CN¥1.0B) do not cover its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 1756's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: 1756's debt to equity ratio has reduced from 107.2% to 74.5% over the past 5 years.
Debt Coverage: 1756's debt is well covered by operating cash flow (27.8%).
Interest Coverage: 1756's interest payments on its debt are well covered by EBIT (5.3x coverage).