Hongkong Land Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Hongkong Land Holdings has a total shareholder equity of $32.0B and total debt of $6.6B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are $40.8B and $8.8B respectively. Hongkong Land Holdings's EBIT is $763.4M making its interest coverage ratio 4.7. It has cash and short-term investments of $1.2B.
Key information
20.5%
Debt to equity ratio
US$6.57b
Debt
Interest coverage ratio | 4.7x |
Cash | US$1.20b |
Equity | US$31.99b |
Total liabilities | US$8.78b |
Total assets | US$40.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HKLD's short term assets ($4.6B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: HKLD's short term assets ($4.6B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: HKLD's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: HKLD's debt to equity ratio has increased from 12.9% to 20.5% over the past 5 years.
Debt Coverage: HKLD's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: HKLD's interest payments on its debt are well covered by EBIT (4.7x coverage).