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¥373.9M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are CN¥4.8B and CN¥1.9B respectively. BetterLife Holding's EBIT is CN¥134.6M making its interest coverage ratio 6.6. It has cash and short-term investments of CN¥1.1B.
Key information
12.8%
Debt to equity ratio
CN¥373.93m
Debt
| Interest coverage ratio | 6.6x |
| Cash | CN¥1.14b |
| Equity | CN¥2.91b |
| Total liabilities | CN¥1.90b |
| Total assets | CN¥4.82b |
Recent financial health updates
Recent updates
BetterLife Holding (HKG:6909) Has A Somewhat Strained Balance Sheet
Nov 22
Earnings Not Telling The Story For BetterLife Holding Limited (HKG:6909) After Shares Rise 92%
Oct 10BetterLife Holding's (HKG:6909) Returns On Capital Not Reflecting Well On The Business
Oct 07Little Excitement Around BetterLife Holding Limited's (HKG:6909) Earnings As Shares Take 33% Pounding
Aug 26BetterLife Holding Limited (HKG:6909) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Jun 07BetterLife 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¥2.7B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 6909's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥574.5M).
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 75.7% to 12.8% over the past 5 years.
Debt Coverage: 6909's debt is well covered by operating cash flow (124.3%).
Interest Coverage: 6909's interest payments on its debt are well covered by EBIT (6.6x coverage).