HKBN Balance Sheet Health
Financial Health criteria checks 0/6
HKBN has a total shareholder equity of HK$2.8B and total debt of HK$10.9B, which brings its debt-to-equity ratio to 395.5%. Its total assets and total liabilities are HK$17.5B and HK$14.7B respectively. HKBN's EBIT is HK$742.8M making its interest coverage ratio 1. It has cash and short-term investments of HK$817.2M.
Key information
395.5%
Debt to equity ratio
HK$10.92b
Debt
Interest coverage ratio | 1x |
Cash | HK$817.22m |
Equity | HK$2.76b |
Total liabilities | HK$14.74b |
Total assets | HK$17.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2HK's short term assets (HK$2.6B) do not cover its short term liabilities (HK$2.9B).
Long Term Liabilities: 2HK's short term assets (HK$2.6B) do not cover its long term liabilities (HK$11.9B).
Debt to Equity History and Analysis
Debt Level: 2HK's net debt to equity ratio (366%) is considered high.
Reducing Debt: 2HK's debt to equity ratio has increased from 340.3% to 395.5% over the past 5 years.
Debt Coverage: 2HK's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 2HK's interest payments on its debt are not well covered by EBIT (1x coverage).