Vedan International (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
Vedan International (Holdings) has a total shareholder equity of $299.2M and total debt of $45.6M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are $379.9M and $80.7M respectively. Vedan International (Holdings)'s EBIT is $24.1M making its interest coverage ratio 31.3. It has cash and short-term investments of $46.6M.
Key information
15.2%
Debt to equity ratio
US$45.58m
Debt
| Interest coverage ratio | 31.3x |
| Cash | US$46.56m |
| Equity | US$299.23m |
| Total liabilities | US$80.71m |
| Total assets | US$379.95m |
Recent financial health updates
Is Vedan International (Holdings) (HKG:2317) Using Too Much Debt?
Aug 24
Vedan International (Holdings) (HKG:2317) Has A Somewhat Strained Balance Sheet
Sep 24We Think Vedan International (Holdings) (HKG:2317) Can Manage Its Debt With Ease
Apr 19Vedan International (Holdings) (HKG:2317) Has A Pretty Healthy Balance Sheet
Dec 24
Recent updates
Revenues Not Telling The Story For Vedan International (Holdings) Limited (HKG:2317)
Aug 16Vedan International (Holdings) (HKG:2317) Is Finding It Tricky To Allocate Its Capital
Jul 12Is Vedan International (Holdings) (HKG:2317) Using Too Much Debt?
Aug 24Vedan International (Holdings) (HKG:2317) Has A Somewhat Strained Balance Sheet
Sep 24Calculating The Fair Value Of Vedan International (Holdings) Limited (HKG:2317)
Jul 21Returns On Capital Are Showing Encouraging Signs At Vedan International (Holdings) (HKG:2317)
May 16We Think Vedan International (Holdings) (HKG:2317) Can Manage Its Debt With Ease
Apr 19Is There More Growth In Store For Vedan International (Holdings)'s (HKG:2317) Returns On Capital?
Feb 15Does Vedan International (Holdings)'s (HKG:2317) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 19Vedan International (Holdings) (HKG:2317) Has A Pretty Healthy Balance Sheet
Dec 24Does Vedan International (Holdings)'s (HKG:2317) CEO Salary Compare Well With Industry Peers?
Dec 06Did You Participate In Any Of Vedan International (Holdings)'s (HKG:2317) Fantastic 139% Return ?
Nov 18Financial Position Analysis
Short Term Liabilities: 2317's short term assets ($239.1M) exceed its short term liabilities ($75.3M).
Long Term Liabilities: 2317's short term assets ($239.1M) exceed its long term liabilities ($5.4M).
Debt to Equity History and Analysis
Debt Level: 2317 has more cash than its total debt.
Reducing Debt: 2317's debt to equity ratio has increased from 13.1% to 15.2% over the past 5 years.
Debt Coverage: 2317's debt is well covered by operating cash flow (75%).
Interest Coverage: 2317's interest payments on its debt are well covered by EBIT (31.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 06:38 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vedan International (Holdings) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|