APT Satellite Holdings Balance Sheet Health
Financial Health criteria checks 6/6
APT Satellite Holdings has a total shareholder equity of HK$6.0B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$7.0B and HK$966.8M respectively. APT Satellite Holdings's EBIT is HK$211.1M making its interest coverage ratio -2.1. It has cash and short-term investments of HK$2.1B.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -2.1x |
| Cash | HK$2.14b |
| Equity | HK$6.03b |
| Total liabilities | HK$966.82m |
| Total assets | HK$7.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AY8's short term assets (HK$2.4B) exceed its short term liabilities (HK$239.9M).
Long Term Liabilities: AY8's short term assets (HK$2.4B) exceed its long term liabilities (HK$726.9M).
Debt to Equity History and Analysis
Debt Level: AY8 is debt free.
Reducing Debt: AY8 had no debt 5 years ago.
Debt Coverage: AY8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AY8 has no debt, therefore coverage of interest payments is not a concern.