Wanda Hotel Development Balance Sheet Health
Financial Health criteria checks 6/6
Wanda Hotel Development has a total shareholder equity of HK$3.3B and total debt of HK$4.3M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are HK$4.6B and HK$1.3B respectively. Wanda Hotel Development's EBIT is HK$279.9M making its interest coverage ratio -3.3. It has cash and short-term investments of HK$416.9M.
Key information
0.1%
Debt to equity ratio
HK$4.34m
Debt
Interest coverage ratio | -3.3x |
Cash | HK$416.86m |
Equity | HK$3.29b |
Total liabilities | HK$1.27b |
Total assets | HK$4.55b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CL1A's short term assets (HK$761.5M) exceed its short term liabilities (HK$654.5M).
Long Term Liabilities: CL1A's short term assets (HK$761.5M) exceed its long term liabilities (HK$611.7M).
Debt to Equity History and Analysis
Debt Level: CL1A has more cash than its total debt.
Reducing Debt: CL1A's debt to equity ratio has reduced from 115.4% to 0.1% over the past 5 years.
Debt Coverage: CL1A's debt is well covered by operating cash flow (2258.4%).
Interest Coverage: CL1A earns more interest than it pays, so coverage of interest payments is not a concern.