Hang Lung Properties Balance Sheet Health
Financial Health criteria checks 3/6
Hang Lung Properties has a total shareholder equity of HK$142.1B and total debt of HK$51.3B, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are HK$217.3B and HK$75.2B respectively. Hang Lung Properties's EBIT is HK$6.8B making its interest coverage ratio 12.7. It has cash and short-term investments of HK$5.3B.
Key information
36.1%
Debt to equity ratio
HK$51.31b
Debt
Interest coverage ratio | 12.7x |
Cash | HK$5.27b |
Equity | HK$142.12b |
Total liabilities | HK$75.18b |
Total assets | HK$217.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOP's short term assets (HK$23.0B) exceed its short term liabilities (HK$15.1B).
Long Term Liabilities: AOP's short term assets (HK$23.0B) do not cover its long term liabilities (HK$60.0B).
Debt to Equity History and Analysis
Debt Level: AOP's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: AOP's debt to equity ratio has increased from 19% to 36.1% over the past 5 years.
Debt Coverage: AOP's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: AOP's interest payments on its debt are well covered by EBIT (12.7x coverage).