Suncorp Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Suncorp Technologies has a total shareholder equity of HK$204.5M and total debt of HK$995.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are HK$226.6M and HK$22.1M respectively. Suncorp Technologies's EBIT is HK$18.2M making its interest coverage ratio 184.1. It has cash and short-term investments of HK$74.6M.
Key information
0.5%
Debt to equity ratio
HK$995.00k
Debt
| Interest coverage ratio | 184.1x |
| Cash | HK$74.64m |
| Equity | HK$204.48m |
| Total liabilities | HK$22.09m |
| Total assets | HK$226.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XSH4's short term assets (HK$223.5M) exceed its short term liabilities (HK$20.1M).
Long Term Liabilities: XSH4's short term assets (HK$223.5M) exceed its long term liabilities (HK$2.0M).
Debt to Equity History and Analysis
Debt Level: XSH4 has more cash than its total debt.
Reducing Debt: XSH4's debt to equity ratio has reduced from 0.9% to 0.5% over the past 5 years.
Debt Coverage: XSH4's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: XSH4's interest payments on its debt are well covered by EBIT (184.1x coverage).