E-Commodities Holdings Balance Sheet Health
Financial Health criteria checks 6/6
E-Commodities Holdings has a total shareholder equity of HK$8.8B and total debt of HK$2.0B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are HK$17.8B and HK$9.0B respectively. E-Commodities Holdings's EBIT is HK$2.6B making its interest coverage ratio 55.8. It has cash and short-term investments of HK$4.7B.
Key information
23.2%
Debt to equity ratio
HK$2.05b
Debt
| Interest coverage ratio | 55.8x |
| Cash | HK$4.67b |
| Equity | HK$8.82b |
| Total liabilities | HK$9.00b |
| Total assets | HK$17.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WWY1's short term assets (HK$12.1B) exceed its short term liabilities (HK$8.4B).
Long Term Liabilities: WWY1's short term assets (HK$12.1B) exceed its long term liabilities (HK$640.0M).
Debt to Equity History and Analysis
Debt Level: WWY1 has more cash than its total debt.
Reducing Debt: WWY1's debt to equity ratio has reduced from 88.1% to 23.2% over the past 5 years.
Debt Coverage: WWY1's debt is well covered by operating cash flow (157.8%).
Interest Coverage: WWY1's interest payments on its debt are well covered by EBIT (55.8x coverage).