Asia Orient Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Asia Orient Holdings has a total shareholder equity of HK$20.9B and total debt of HK$17.5B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are HK$40.5B and HK$19.6B respectively. Asia Orient Holdings's EBIT is HK$1.5B making its interest coverage ratio 3.1. It has cash and short-term investments of HK$5.7B.
Key information
83.8%
Debt to equity ratio
HK$17.54b
Debt
Interest coverage ratio | 3.1x |
Cash | HK$5.67b |
Equity | HK$20.92b |
Total liabilities | HK$19.58b |
Total assets | HK$40.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASD1's short term assets (HK$12.6B) exceed its short term liabilities (HK$7.0B).
Long Term Liabilities: ASD1's short term assets (HK$12.6B) do not cover its long term liabilities (HK$12.6B).
Debt to Equity History and Analysis
Debt Level: ASD1's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: ASD1's debt to equity ratio has increased from 71.5% to 83.8% over the past 5 years.
Debt Coverage: ASD1's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: ASD1's interest payments on its debt are well covered by EBIT (3.1x coverage).