Grace Wine Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Grace Wine Holdings has a total shareholder equity of CN¥266.8M and total debt of CN¥45.5M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are CN¥331.2M and CN¥64.4M respectively. Grace Wine Holdings's EBIT is CN¥10.8M making its interest coverage ratio 17.6. It has cash and short-term investments of CN¥43.3M.
Key information
17.0%
Debt to equity ratio
CN¥45.45m
Debt
Interest coverage ratio | 17.6x |
Cash | CN¥43.31m |
Equity | CN¥266.82m |
Total liabilities | CN¥64.38m |
Total assets | CN¥331.20m |
Recent financial health updates
Is Grace Wine Holdings (HKG:8146) Using Too Much Debt?
Sep 29Grace Wine Holdings (HKG:8146) Has A Pretty Healthy Balance Sheet
May 18Recent updates
Investors Shouldn't Be Too Comfortable With Grace Wine Holdings' (HKG:8146) Earnings
Apr 04Is Grace Wine Holdings (HKG:8146) Using Too Much Debt?
Sep 29Return Trends At Grace Wine Holdings (HKG:8146) Aren't Appealing
Jul 28Grace Wine Holdings (HKG:8146) Has A Pretty Healthy Balance Sheet
May 18Grace Wine Holdings (HKG:8146) Will Be Hoping To Turn Its Returns On Capital Around
Feb 03Grace Wine Holdings (HKG:8146) Might Be Having Difficulty Using Its Capital Effectively
Mar 16Calculating The Fair Value Of Grace Wine Holdings Limited (HKG:8146)
Jan 21Here's What's Concerning About Grace Wine Holdings' (HKG:8146) Returns On Capital
Dec 07Grace Wine Holdings' (HKG:8146) Returns On Capital Not Reflecting Well On The Business
Jul 27I Ran A Stock Scan For Earnings Growth And Grace Wine Holdings (HKG:8146) Passed With Ease
Jun 03Calculating The Intrinsic Value Of Grace Wine Holdings Limited (HKG:8146)
Jan 14Financial Position Analysis
Short Term Liabilities: 8146's short term assets (CN¥140.1M) exceed its short term liabilities (CN¥25.7M).
Long Term Liabilities: 8146's short term assets (CN¥140.1M) exceed its long term liabilities (CN¥38.7M).
Debt to Equity History and Analysis
Debt Level: 8146's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 8146's debt to equity ratio has increased from 0.1% to 17% over the past 5 years.
Debt Coverage: 8146's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8146's interest payments on its debt are well covered by EBIT (17.6x coverage).