Vitasoy International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Vitasoy International Holdings has a total shareholder equity of HK$3.1B and total debt of HK$237.5M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are HK$5.7B and HK$2.6B respectively. Vitasoy International Holdings's EBIT is HK$32.4M making its interest coverage ratio 1.7. It has cash and short-term investments of HK$710.2M.
Key information
7.5%
Debt to equity ratio
HK$237.45m
Debt
Interest coverage ratio | 1.7x |
Cash | HK$710.25m |
Equity | HK$3.15b |
Total liabilities | HK$2.59b |
Total assets | HK$5.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 345's short term assets (HK$2.4B) do not cover its short term liabilities (HK$2.4B).
Long Term Liabilities: 345's short term assets (HK$2.4B) exceed its long term liabilities (HK$212.4M).
Debt to Equity History and Analysis
Debt Level: 345 has more cash than its total debt.
Reducing Debt: 345's debt to equity ratio has increased from 1.9% to 7.5% over the past 5 years.
Debt Coverage: 345's debt is well covered by operating cash flow (235.5%).
Interest Coverage: 345's interest payments on its debt are not well covered by EBIT (1.7x coverage).