Wise Living Technology Balance Sheet Health
Financial Health criteria checks 3/6
Wise Living Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥751.6M, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are CN¥5.6B and CN¥4.2B respectively. Wise Living Technology's EBIT is CN¥345.5M making its interest coverage ratio 12.3. It has cash and short-term investments of CN¥346.0M.
Key information
55.8%
Debt to equity ratio
CN¥751.57m
Debt
| Interest coverage ratio | 12.3x |
| Cash | CN¥346.02m |
| Equity | CN¥1.35b |
| Total liabilities | CN¥4.22b |
| Total assets | CN¥5.56b |
Financial Position Analysis
Short Term Liabilities: 2481's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.5B).
Long Term Liabilities: 2481's short term assets (CN¥1.1B) do not cover its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 2481's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 2481's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2481's debt is well covered by operating cash flow (65.6%).
Interest Coverage: 2481's interest payments on its debt are well covered by EBIT (12.3x coverage).