Wisdom Sports Group Balance Sheet Health
Financial Health criteria checks 3/6
Wisdom Sports Group has a total shareholder equity of CN¥368.6M and total debt of CN¥6.6M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥412.4M and CN¥43.8M respectively.
Key information
1.8%
Debt to equity ratio
CN¥6.61m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥219.08m |
| Equity | CN¥368.60m |
| Total liabilities | CN¥43.76m |
| Total assets | CN¥412.36m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1661's short term assets (CN¥256.7M) exceed its short term liabilities (CN¥37.1M).
Long Term Liabilities: 1661's short term assets (CN¥256.7M) exceed its long term liabilities (CN¥6.6M).
Debt to Equity History and Analysis
Debt Level: 1661 has more cash than its total debt.
Reducing Debt: 1661's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 1661's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1661's interest payments on its debt are well covered by EBIT.