Wing Tai Properties Balance Sheet Health
Financial Health criteria checks 4/6
Wing Tai Properties has a total shareholder equity of HK$26.1B and total debt of HK$6.8B, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are HK$34.0B and HK$7.9B respectively. Wing Tai Properties's EBIT is HK$330.7M making its interest coverage ratio 5.2. It has cash and short-term investments of HK$3.2B.
Key information
26.1%
Debt to equity ratio
HK$6.81b
Debt
Interest coverage ratio | 5.2x |
Cash | HK$3.22b |
Equity | HK$26.09b |
Total liabilities | HK$7.89b |
Total assets | HK$33.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: USH's short term assets (HK$8.0B) exceed its short term liabilities (HK$3.6B).
Long Term Liabilities: USH's short term assets (HK$8.0B) exceed its long term liabilities (HK$4.3B).
Debt to Equity History and Analysis
Debt Level: USH's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: USH's debt to equity ratio has increased from 17.5% to 26.1% over the past 5 years.
Debt Coverage: USH's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: USH's interest payments on its debt are well covered by EBIT (5.2x coverage).