Lai Sun Development Balance Sheet Health
Financial Health criteria checks 1/6
Lai Sun Development has a total shareholder equity of HK$32.3B and total debt of HK$25.3B, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are HK$67.4B and HK$35.1B respectively.
Key information
78.3%
Debt to equity ratio
HK$25.29b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$4.17b |
| Equity | HK$32.31b |
| Total liabilities | HK$35.11b |
| Total assets | HK$67.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAY3's short term assets (HK$14.8B) exceed its short term liabilities (HK$6.5B).
Long Term Liabilities: LAY3's short term assets (HK$14.8B) do not cover its long term liabilities (HK$28.6B).
Debt to Equity History and Analysis
Debt Level: LAY3's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: LAY3's debt to equity ratio has increased from 39.9% to 78.3% over the past 5 years.
Debt Coverage: LAY3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LAY3's interest payments on its debt are well covered by EBIT.