Binhai Investment Balance Sheet Health
Financial Health criteria checks 3/6
Binhai Investment has a total shareholder equity of HK$2.3B and total debt of HK$3.9B, which brings its debt-to-equity ratio to 168.3%. Its total assets and total liabilities are HK$8.6B and HK$6.3B respectively. Binhai Investment's EBIT is HK$516.3M making its interest coverage ratio 3.3. It has cash and short-term investments of HK$939.9M.
Key information
168.3%
Debt to equity ratio
HK$3.91b
Debt
Interest coverage ratio | 3.3x |
Cash | HK$939.87m |
Equity | HK$2.32b |
Total liabilities | HK$6.27b |
Total assets | HK$8.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WS7A's short term assets (HK$1.9B) do not cover its short term liabilities (HK$4.1B).
Long Term Liabilities: WS7A's short term assets (HK$1.9B) do not cover its long term liabilities (HK$2.2B).
Debt to Equity History and Analysis
Debt Level: WS7A's net debt to equity ratio (127.8%) is considered high.
Reducing Debt: WS7A's debt to equity ratio has reduced from 201.6% to 168.3% over the past 5 years.
Debt Coverage: WS7A's debt is well covered by operating cash flow (21.3%).
Interest Coverage: WS7A's interest payments on its debt are well covered by EBIT (3.3x coverage).