South China Holdings Balance Sheet Health
Financial Health criteria checks 1/6
South China Holdings has a total shareholder equity of HK$6.1B and total debt of HK$4.5B, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are HK$13.3B and HK$7.2B respectively. South China Holdings's EBIT is HK$199.0M making its interest coverage ratio 0.8. It has cash and short-term investments of HK$490.3M.
Key information
74.8%
Debt to equity ratio
HK$4.54b
Debt
| Interest coverage ratio | 0.8x |
| Cash | HK$490.26m |
| Equity | HK$6.07b |
| Total liabilities | HK$7.18b |
| Total assets | HK$13.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SZHB's short term assets (HK$3.3B) do not cover its short term liabilities (HK$3.5B).
Long Term Liabilities: SZHB's short term assets (HK$3.3B) do not cover its long term liabilities (HK$3.7B).
Debt to Equity History and Analysis
Debt Level: SZHB's net debt to equity ratio (66.7%) is considered high.
Reducing Debt: SZHB's debt to equity ratio has reduced from 82.3% to 74.8% over the past 5 years.
Debt Coverage: SZHB's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: SZHB's interest payments on its debt are not well covered by EBIT (0.8x coverage).