Swire Properties Balance Sheet Health
Financial Health criteria checks 2/6
Swire Properties has a total shareholder equity of HK$284.2B and total debt of HK$44.4B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are HK$353.8B and HK$69.7B respectively. Swire Properties's EBIT is HK$8.8B making its interest coverage ratio 14.2. It has cash and short-term investments of HK$5.5B.
Key information
15.6%
Debt to equity ratio
HK$44.38b
Debt
| Interest coverage ratio | 14.2x |
| Cash | HK$5.53b |
| Equity | HK$284.16b |
| Total liabilities | HK$69.69b |
| Total assets | HK$353.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SW9's short term assets (HK$18.9B) do not cover its short term liabilities (HK$20.1B).
Long Term Liabilities: SW9's short term assets (HK$18.9B) do not cover its long term liabilities (HK$49.6B).
Debt to Equity History and Analysis
Debt Level: SW9's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: SW9's debt to equity ratio has increased from 10.4% to 15.6% over the past 5 years.
Debt Coverage: SW9's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: SW9's interest payments on its debt are well covered by EBIT (14.2x coverage).