Strong Petrochemical Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Strong Petrochemical Holdings has a total shareholder equity of HK$1.3B and total debt of HK$159.9M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are HK$1.6B and HK$290.6M respectively.
Key information
12.3%
Debt to equity ratio
HK$159.89m
Debt
Interest coverage ratio | n/a |
Cash | HK$456.86m |
Equity | HK$1.30b |
Total liabilities | HK$290.63m |
Total assets | HK$1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K20A's short term assets (HK$802.8M) exceed its short term liabilities (HK$130.5M).
Long Term Liabilities: K20A's short term assets (HK$802.8M) exceed its long term liabilities (HK$160.1M).
Debt to Equity History and Analysis
Debt Level: K20A has more cash than its total debt.
Reducing Debt: K20A's debt to equity ratio has increased from 1.1% to 12.3% over the past 5 years.
Debt Coverage: K20A's debt is well covered by operating cash flow (101.7%).
Interest Coverage: Insufficient data to determine if K20A's interest payments on its debt are well covered by EBIT.