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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:17 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BetterLife Holding Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zhixuan Lin | Huatai Research |
| Linda Huang | Macquarie Research |