Lee's Pharmaceutical Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Lee's Pharmaceutical Holdings has a total shareholder equity of HK$2.0B and total debt of HK$192.8M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are HK$2.9B and HK$930.1M respectively. Lee's Pharmaceutical Holdings's EBIT is HK$36.0M making its interest coverage ratio 3.7. It has cash and short-term investments of HK$171.0M.
Key information
9.8%
Debt to equity ratio
HK$192.76m
Debt
Interest coverage ratio | 3.7x |
Cash | HK$171.00m |
Equity | HK$1.96b |
Total liabilities | HK$930.07m |
Total assets | HK$2.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L1PA's short term assets (HK$656.6M) exceed its short term liabilities (HK$648.8M).
Long Term Liabilities: L1PA's short term assets (HK$656.6M) exceed its long term liabilities (HK$281.3M).
Debt to Equity History and Analysis
Debt Level: L1PA's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: L1PA's debt to equity ratio has increased from 5.8% to 9.8% over the past 5 years.
Debt Coverage: L1PA's debt is well covered by operating cash flow (57.1%).
Interest Coverage: L1PA's interest payments on its debt are well covered by EBIT (3.7x coverage).