Wanka Online Balance Sheet Health
Financial Health criteria checks 4/6
Wanka Online has a total shareholder equity of CN¥1.5B and total debt of CN¥391.0M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are CN¥2.2B and CN¥708.2M respectively. Wanka Online's EBIT is CN¥45.0M making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥569.7M.
Key information
26.9%
Debt to equity ratio
CN¥390.99m
Debt
| Interest coverage ratio | 4.5x |
| Cash | CN¥569.72m |
| Equity | CN¥1.45b |
| Total liabilities | CN¥708.21m |
| Total assets | CN¥2.16b |
Recent financial health updates
Is Wanka Online (HKG:1762) Using Too Much Debt?
Sep 26
Wanka Online (HKG:1762) Seems To Use Debt Rather Sparingly
Nov 05Here's Why Wanka Online (HKG:1762) Can Manage Its Debt Responsibly
Jun 08Recent updates
Wanka Online Inc. (HKG:1762) Stocks Shoot Up 90% But Its P/S Still Looks Reasonable
Oct 02Some Investors May Be Worried About Wanka Online's (HKG:1762) Returns On Capital
Sep 30Wanka Online (HKG:1762) Might Be Having Difficulty Using Its Capital Effectively
Jan 25Is Wanka Online (HKG:1762) Using Too Much Debt?
Sep 26Returns On Capital At Wanka Online (HKG:1762) Paint A Concerning Picture
Aug 30Returns On Capital Are Showing Encouraging Signs At Wanka Online (HKG:1762)
Dec 06Wanka Online (HKG:1762) Seems To Use Debt Rather Sparingly
Nov 05Here's Why Wanka Online (HKG:1762) Can Manage Its Debt Responsibly
Jun 08Wanka Online (HKG:1762) Is Looking To Continue Growing Its Returns On Capital
Mar 23Wanka Online's (HKG:1762) Returns On Capital Are Heading Higher
Aug 29Wanka Online Inc. (HKG:1762) Shares May Have Slumped 36% But Getting In Cheap Is Still Unlikely
Mar 28If You Had Bought Wanka Online's (HKG:1762) Shares A Year Ago You Would Be Down 18%
Feb 23Can Wanka Online (HKG:1762) Continue To Grow Its Returns On Capital?
Jan 28
Should You Take Comfort From Insider Transactions At Wanka Online Inc. (HKG:1762)?
Dec 06Financial Position Analysis
Short Term Liabilities: 1762's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥703.8M).
Long Term Liabilities: 1762's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥4.5M).
Debt to Equity History and Analysis
Debt Level: 1762 has more cash than its total debt.
Reducing Debt: 1762's debt to equity ratio has increased from 25.8% to 26.9% over the past 5 years.
Debt Coverage: 1762's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1762's interest payments on its debt are well covered by EBIT (4.5x coverage).