Lai Sun Garment (International) Balance Sheet Health
Financial Health criteria checks 1/6
Lai Sun Garment (International) has a total shareholder equity of HK$34.1B and total debt of HK$26.3B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are HK$70.3B and HK$36.2B respectively.
Key information
77.0%
Debt to equity ratio
HK$26.28b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$2.90b |
| Equity | HK$34.14b |
| Total liabilities | HK$36.20b |
| Total assets | HK$70.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAI3's short term assets (HK$14.9B) exceed its short term liabilities (HK$6.6B).
Long Term Liabilities: LAI3's short term assets (HK$14.9B) do not cover its long term liabilities (HK$29.6B).
Debt to Equity History and Analysis
Debt Level: LAI3's net debt to equity ratio (68.5%) is considered high.
Reducing Debt: LAI3's debt to equity ratio has increased from 39.9% to 77% over the past 5 years.
Debt Coverage: LAI3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LAI3's interest payments on its debt are well covered by EBIT.