Sinopec Kantons Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Sinopec Kantons Holdings has a total shareholder equity of HK$15.8B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$16.2B and HK$372.0M respectively. Sinopec Kantons Holdings's EBIT is HK$150.7M making its interest coverage ratio -0.5. It has cash and short-term investments of HK$6.4B.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -0.5x |
| Cash | HK$6.44b |
| Equity | HK$15.81b |
| Total liabilities | HK$371.98m |
| Total assets | HK$16.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAK's short term assets (HK$6.7B) exceed its short term liabilities (HK$154.8M).
Long Term Liabilities: SAK's short term assets (HK$6.7B) exceed its long term liabilities (HK$217.2M).
Debt to Equity History and Analysis
Debt Level: SAK is debt free.
Reducing Debt: SAK has no debt compared to 5 years ago when its debt to equity ratio was 25.5%.
Debt Coverage: SAK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SAK has no debt, therefore coverage of interest payments is not a concern.