Want Want China Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Want Want China Holdings has a total shareholder equity of CN¥14.5B and total debt of CN¥7.6B, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are CN¥27.4B and CN¥12.9B respectively. Want Want China Holdings's EBIT is CN¥4.9B making its interest coverage ratio -56.8. It has cash and short-term investments of CN¥6.5B.
Key information
52.8%
Debt to equity ratio
CN¥7.63b
Debt
Interest coverage ratio | -56.8x |
Cash | CN¥6.54b |
Equity | CN¥14.46b |
Total liabilities | CN¥12.90b |
Total assets | CN¥27.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WWNT.Y's short term assets (CN¥11.0B) exceed its short term liabilities (CN¥10.9B).
Long Term Liabilities: WWNT.Y's short term assets (CN¥11.0B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: WWNT.Y's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: WWNT.Y's debt to equity ratio has reduced from 69.5% to 52.8% over the past 5 years.
Debt Coverage: WWNT.Y's debt is well covered by operating cash flow (55.8%).
Interest Coverage: WWNT.Y earns more interest than it pays, so coverage of interest payments is not a concern.