Wai Yuen Tong Medicine Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Wai Yuen Tong Medicine Holdings has a total shareholder equity of HK$1.4B and total debt of HK$460.9M, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are HK$2.1B and HK$709.7M respectively. Wai Yuen Tong Medicine Holdings's EBIT is HK$40.9M making its interest coverage ratio -5.5. It has cash and short-term investments of HK$191.9M.
Key information
33.3%
Debt to equity ratio
HK$460.95m
Debt
| Interest coverage ratio | -5.5x |
| Cash | HK$191.85m |
| Equity | HK$1.39b |
| Total liabilities | HK$709.65m |
| Total assets | HK$2.10b |
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
Wai Yuen Tong Medicine Holdings Limited's (HKG:897) Low P/S No Reason For Excitement
Nov 19Wai Yuen Tong Medicine Holdings Limited's (HKG:897) Share Price Boosted 51% But Its Business Prospects Need A Lift Too
Jul 26Investors 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$830.2M) exceed its short term liabilities (HK$380.9M).
Long Term Liabilities: 897's short term assets (HK$830.2M) exceed its long term liabilities (HK$328.8M).
Debt to Equity History and Analysis
Debt Level: 897's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 897's debt to equity ratio has reduced from 34.8% to 33.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 897 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 897 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.8% per year.