Swire Properties Balance Sheet Health
Financial Health criteria checks 3/6
Swire Properties has a total shareholder equity of HK$288.1B and total debt of HK$41.2B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are HK$354.5B and HK$66.3B respectively. Swire Properties's EBIT is HK$9.0B making its interest coverage ratio 23.6. It has cash and short-term investments of HK$5.1B.
Key information
14.3%
Debt to equity ratio
HK$41.19b
Debt
Interest coverage ratio | 23.6x |
Cash | HK$5.10b |
Equity | HK$288.15b |
Total liabilities | HK$66.34b |
Total assets | HK$354.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SW9's short term assets (HK$18.3B) exceed its short term liabilities (HK$17.8B).
Long Term Liabilities: SW9's short term assets (HK$18.3B) do not cover its long term liabilities (HK$48.6B).
Debt to Equity History and Analysis
Debt Level: SW9's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: SW9's debt to equity ratio has increased from 11.4% to 14.3% over the past 5 years.
Debt Coverage: SW9's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: SW9's interest payments on its debt are well covered by EBIT (23.6x coverage).