Want Want China Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Want Want China Holdings has a total shareholder equity of CN¥16.4B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are CN¥27.5B and CN¥11.1B respectively. Want Want China Holdings's EBIT is CN¥5.2B making its interest coverage ratio -39.4. It has cash and short-term investments of CN¥8.4B.
Key information
32.6%
Debt to equity ratio
CN¥5.35b
Debt
| Interest coverage ratio | -39.4x |
| Cash | CN¥8.45b |
| Equity | CN¥16.41b |
| Total liabilities | CN¥11.05b |
| Total assets | CN¥27.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 151's short term assets (CN¥12.9B) exceed its short term liabilities (CN¥8.2B).
Long Term Liabilities: 151's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥2.8B).
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 61.6% to 32.6% over the past 5 years.
Debt Coverage: 151's debt is well covered by operating cash flow (96.3%).
Interest Coverage: 151 earns more interest than it pays, so coverage of interest payments is not a concern.