VCREDIT Holdings Balance Sheet Health
Financial Health criteria checks 3/6
VCREDIT Holdings has a total shareholder equity of CN¥4.2B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 133.4%. Its total assets and total liabilities are CN¥11.9B and CN¥7.8B respectively.
Key information
133.4%
Debt to equity ratio
CN¥5.56b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.05b |
| Equity | CN¥4.17b |
| Total liabilities | CN¥7.77b |
| Total assets | CN¥11.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2003's short term assets (CN¥10.0B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 2003's short term assets (CN¥10.0B) exceed its long term liabilities (CN¥5.1B).
Debt to Equity History and Analysis
Debt Level: 2003's net debt to equity ratio (108.3%) is considered high.
Reducing Debt: 2003's debt to equity ratio has reduced from 296.3% to 133.4% over the past 5 years.
Debt Coverage: 2003's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2003's interest payments on its debt are well covered by EBIT.