Want Want China Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Want Want China Holdings has a total shareholder equity of CN¥15.4B and total debt of CN¥6.3B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are CN¥26.8B and CN¥11.4B respectively. Want Want China Holdings's EBIT is CN¥5.3B making its interest coverage ratio -23.1. It has cash and short-term investments of CN¥7.9B.
Key information
41.1%
Debt to equity ratio
CN¥6.33b
Debt
| Interest coverage ratio | -23.1x |
| Cash | CN¥7.86b |
| Equity | CN¥15.41b |
| Total liabilities | CN¥11.40b |
| Total assets | CN¥26.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 151's short term assets (CN¥12.4B) exceed its short term liabilities (CN¥11.1B).
Long Term Liabilities: 151's short term assets (CN¥12.4B) exceed its long term liabilities (CN¥256.3M).
Debt to Equity History and Analysis
Debt Level: 151 has more cash than its total debt.
Reducing Debt: 151's debt to equity ratio has reduced from 74.1% to 41.1% over the past 5 years.
Debt Coverage: 151's debt is well covered by operating cash flow (81.4%).
Interest Coverage: 151 earns more interest than it pays, so coverage of interest payments is not a concern.