Sinopec Kantons Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Sinopec Kantons Holdings has a total shareholder equity of HK$15.5B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$16.0B and HK$510.5M respectively. Sinopec Kantons Holdings's EBIT is HK$127.6M making its interest coverage ratio -0.4. It has cash and short-term investments of HK$5.8B.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | -0.4x |
Cash | HK$5.83b |
Equity | HK$15.52b |
Total liabilities | HK$510.49m |
Total assets | HK$16.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAK's short term assets (HK$6.8B) exceed its short term liabilities (HK$228.7M).
Long Term Liabilities: SAK's short term assets (HK$6.8B) exceed its long term liabilities (HK$281.8M).
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 31.4%.
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.