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¥742.3M, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are CN¥5.8B and CN¥4.5B respectively. Wise Living Technology's EBIT is CN¥307.4M making its interest coverage ratio 10. It has cash and short-term investments of CN¥721.5M.
Key information
57.1%
Debt to equity ratio
CN¥742.33m
Debt
Interest coverage ratio | 10x |
Cash | CN¥721.55m |
Equity | CN¥1.30b |
Total liabilities | CN¥4.50b |
Total assets | CN¥5.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2481's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥1.8B).
Long Term Liabilities: 2481's short term assets (CN¥1.4B) 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 (1.6%) 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 (90.9%).
Interest Coverage: 2481's interest payments on its debt are well covered by EBIT (10x coverage).