WEILONG Delicious Global Holdings Balance Sheet Health
Financial Health criteria checks 5/6
WEILONG Delicious Global Holdings has a total shareholder equity of CN¥5.5B and total debt of CN¥174.3M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥7.2B and CN¥1.7B respectively. WEILONG Delicious Global Holdings's EBIT is CN¥1.1B making its interest coverage ratio -8.8. It has cash and short-term investments of CN¥2.8B.
Key information
3.2%
Debt to equity ratio
CN¥174.30m
Debt
| Interest coverage ratio | -8.8x |
| Cash | CN¥2.79b |
| Equity | CN¥5.53b |
| Total liabilities | CN¥1.72b |
| Total assets | CN¥7.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9985's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 9985's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥433.5M).
Debt to Equity History and Analysis
Debt Level: 9985 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9985's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9985's debt is well covered by operating cash flow (719.7%).
Interest Coverage: 9985 earns more interest than it pays, so coverage of interest payments is not a concern.