Wai Yuen Tong Medicine Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Wai Yuen Tong Medicine Holdings has a total shareholder equity of HK$3.5B and total debt of HK$1.5B, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are HK$6.6B and HK$3.1B respectively. Wai Yuen Tong Medicine Holdings's EBIT is HK$112.3M making its interest coverage ratio 1.2. It has cash and short-term investments of HK$500.8M.
Key information
43.3%
Debt to equity ratio
HK$1.51b
Debt
| Interest coverage ratio | 1.2x |
| Cash | HK$500.81m |
| Equity | HK$3.49b |
| Total liabilities | HK$3.10b |
| Total assets | HK$6.58b |
Recent financial health updates
Is Wai Yuen Tong Medicine Holdings (HKG:897) A Risky Investment?
Jul 11
Wai Yuen Tong Medicine Holdings (HKG:897) Takes On Some Risk With Its Use Of Debt
Jul 05Is Wai Yuen Tong Medicine Holdings (HKG:897) A Risky Investment?
Mar 08Health Check: How Prudently Does Wai Yuen Tong Medicine Holdings (HKG:897) Use Debt?
Mar 17Health Check: How Prudently Does Wai Yuen Tong Medicine Holdings (HKG:897) Use Debt?
Dec 16
Recent updates
Investors Give Wai Yuen Tong Medicine Holdings Limited (HKG:897) Shares A 46% Hiding
Mar 11The Strong Earnings Posted By Wai Yuen Tong Medicine Holdings (HKG:897) Are A Good Indication Of The Strength Of The Business
Dec 28Is Wai Yuen Tong Medicine Holdings (HKG:897) A Risky Investment?
Jul 11Wai Yuen Tong Medicine Holdings (HKG:897) Takes On Some Risk With Its Use Of Debt
Jul 05Is Wai Yuen Tong Medicine Holdings (HKG:897) A Risky Investment?
Mar 08Increases to Wai Yuen Tong Medicine Holdings Limited's (HKG:897) CEO Compensation Might Cool off for now
Aug 18Health Check: How Prudently Does Wai Yuen Tong Medicine Holdings (HKG:897) Use Debt?
Mar 17Wai Yuen Tong Medicine Holdings' (HKG:897) Shareholders Are Down 75% On Their Shares
Jan 22Health Check: How Prudently Does Wai Yuen Tong Medicine Holdings (HKG:897) Use Debt?
Dec 16Financial Position Analysis
Short Term Liabilities: 897's short term assets (HK$2.5B) exceed its short term liabilities (HK$1.6B).
Long Term Liabilities: 897's short term assets (HK$2.5B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: 897's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: 897's debt to equity ratio has increased from 37.1% to 43.3% over the past 5 years.
Debt Coverage: 897's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: 897's interest payments on its debt are not well covered by EBIT (1.2x coverage).