BetterLife Holding Balance Sheet Health
Financial Health criteria checks 6/6
BetterLife Holding has a total shareholder equity of CN¥2.9B and total debt of CN¥441.4M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are CN¥4.7B and CN¥1.8B respectively. BetterLife Holding's EBIT is CN¥156.8M making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥865.7M.
Key information
15.3%
Debt to equity ratio
CN¥441.45m
Debt
| Interest coverage ratio | 5.3x |
| Cash | CN¥865.74m |
| Equity | CN¥2.89b |
| Total liabilities | CN¥1.82b |
| Total assets | CN¥4.71b |
Recent financial health updates
No updates
Recent updates
BetterLife Holding Limited (HKG:6909) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Jun 07
BetterLife Holding Limited (HKG:6909) Stock Rockets 47% As Investors Are Less Pessimistic Than Expected
Apr 23Returns On Capital Signal Tricky Times Ahead For BetterLife Holding (HKG:6909)
Mar 25There Are Reasons To Feel Uneasy About BetterLife Holding's (HKG:6909) Returns On Capital
Dec 21BetterLife Holding Limited (HKG:6909) Stock's 35% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 14Returns On Capital At BetterLife Holding (HKG:6909) Paint A Concerning Picture
Feb 21BetterLife Holding's (HKG:6909) Shareholders May Want To Dig Deeper Than Statutory Profit
Sep 20Is There An Opportunity With BetterLife Holding Limited's (HKG:6909) 24% Undervaluation?
Jul 05BetterLife Holding Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Mar 31Financial Position Analysis
Short Term Liabilities: 6909's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 6909's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥607.7M).
Debt to Equity History and Analysis
Debt Level: 6909 has more cash than its total debt.
Reducing Debt: 6909's debt to equity ratio has reduced from 89% to 15.3% over the past 5 years.
Debt Coverage: 6909's debt is well covered by operating cash flow (145.6%).
Interest Coverage: 6909's interest payments on its debt are well covered by EBIT (5.3x coverage).