Asia Orient Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Asia Orient Holdings has a total shareholder equity of HK$18.1B and total debt of HK$17.9B, which brings its debt-to-equity ratio to 98.8%. Its total assets and total liabilities are HK$38.2B and HK$20.1B respectively. Asia Orient Holdings's EBIT is HK$1.2B making its interest coverage ratio 2.2. It has cash and short-term investments of HK$4.1B.
Key information
98.8%
Debt to equity ratio
HK$17.90b
Debt
| Interest coverage ratio | 2.2x |
| Cash | HK$4.14b |
| Equity | HK$18.12b |
| Total liabilities | HK$20.09b |
| Total assets | HK$38.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASD1's short term assets (HK$11.7B) exceed its short term liabilities (HK$7.3B).
Long Term Liabilities: ASD1's short term assets (HK$11.7B) do not cover its long term liabilities (HK$12.8B).
Debt to Equity History and Analysis
Debt Level: ASD1's net debt to equity ratio (75.9%) is considered high.
Reducing Debt: ASD1's debt to equity ratio has increased from 69.4% to 98.8% over the past 5 years.
Debt Coverage: ASD1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASD1's interest payments on its debt are not well covered by EBIT (2.2x coverage).