Hongkong Land Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Hongkong Land Holdings has a total shareholder equity of $30.5B and total debt of $6.4B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are $38.8B and $8.3B respectively. Hongkong Land Holdings's EBIT is $616.4M making its interest coverage ratio 5.2. It has cash and short-term investments of $1.1B.
Key information
21.0%
Debt to equity ratio
US$6.43b
Debt
| Interest coverage ratio | 5.2x |
| Cash | US$1.07b |
| Equity | US$30.53b |
| Total liabilities | US$8.27b |
| Total assets | US$38.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HKLJ's short term assets ($3.9B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: HKLJ's short term assets ($3.9B) do not cover its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: HKLJ's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: HKLJ's debt to equity ratio has increased from 13.1% to 21% over the past 5 years.
Debt Coverage: HKLJ's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: HKLJ's interest payments on its debt are well covered by EBIT (5.2x coverage).