Founder Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Founder Holdings has a total shareholder equity of HK$1.1B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$1.4B and HK$309.3M respectively. Founder Holdings's EBIT is HK$36.0M making its interest coverage ratio -3. It has cash and short-term investments of HK$673.8M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -3x |
| Cash | HK$673.79m |
| Equity | HK$1.09b |
| Total liabilities | HK$309.34m |
| Total assets | HK$1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FOU1's short term assets (HK$1.0B) exceed its short term liabilities (HK$265.2M).
Long Term Liabilities: FOU1's short term assets (HK$1.0B) exceed its long term liabilities (HK$44.1M).
Debt to Equity History and Analysis
Debt Level: FOU1 is debt free.
Reducing Debt: FOU1 has no debt compared to 5 years ago when its debt to equity ratio was 15.9%.
Debt Coverage: FOU1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FOU1 has no debt, therefore coverage of interest payments is not a concern.