Weiye Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Weiye Holdings has a total shareholder equity of CN¥1.7B and total debt of CN¥806.7M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are CN¥3.9B and CN¥2.1B respectively.
Key information
46.7%
Debt to equity ratio
CN¥806.69m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥108.27m |
| Equity | CN¥1.73b |
| Total liabilities | CN¥2.13b |
| Total assets | CN¥3.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1570's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 1570's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥588.9M).
Debt to Equity History and Analysis
Debt Level: 1570's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: 1570's debt to equity ratio has reduced from 145.4% to 46.7% over the past 5 years.
Debt Coverage: 1570's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1570's interest payments on its debt are well covered by EBIT.