AP Rentals Holdings Balance Sheet Health
Financial Health criteria checks 5/6
AP Rentals Holdings has a total shareholder equity of HK$228.3M and total debt of HK$39.2M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are HK$339.4M and HK$111.1M respectively. AP Rentals Holdings's EBIT is HK$12.7M making its interest coverage ratio -12.7. It has cash and short-term investments of HK$93.7M.
Key information
17.1%
Debt to equity ratio
HK$39.15m
Debt
| Interest coverage ratio | -12.7x |
| Cash | HK$93.66m |
| Equity | HK$228.31m |
| Total liabilities | HK$111.12m |
| Total assets | HK$339.43m |
Recent financial health updates
Is AP Rentals Holdings (HKG:1496) Using Too Much Debt?
Feb 22
Is AP Rentals Holdings (HKG:1496) Using Debt Sensibly?
Mar 15These 4 Measures Indicate That AP Rentals Holdings (HKG:1496) Is Using Debt Reasonably Well
Jan 19
Recent updates
AP Rentals Holdings Limited's (HKG:1496) 33% Share Price Surge Not Quite Adding Up
Oct 09Shareholders May Not Be So Generous With AP Rentals Holdings Limited's (HKG:1496) CEO Compensation And Here's Why
Aug 21AP Rentals Holdings Limited's (HKG:1496) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Aug 10Earnings Troubles May Signal Larger Issues for AP Rentals Holdings (HKG:1496) Shareholders
Aug 06AP Rentals Holdings Limited's (HKG:1496) Popularity With Investors Is Under Threat From Overpricing
Jun 18We Like These Underlying Return On Capital Trends At AP Rentals Holdings (HKG:1496)
Apr 22Is AP Rentals Holdings (HKG:1496) Using Too Much Debt?
Feb 22Calculating The Intrinsic Value Of AP Rentals Holdings Limited (HKG:1496)
Oct 23AP Rentals Holdings (HKG:1496) Will Be Hoping To Turn Its Returns On Capital Around
Jul 11Is AP Rentals Holdings (HKG:1496) Using Debt Sensibly?
Mar 15We Think Shareholders May Want To Consider A Review Of AP Rentals Holdings Limited's (HKG:1496) CEO Compensation Package
Aug 19These 4 Measures Indicate That AP Rentals Holdings (HKG:1496) Is Using Debt Reasonably Well
Jan 19How Does AP Rentals Holdings' (HKG:1496) CEO Pay Compare With Company Performance?
Nov 27Financial Position Analysis
Short Term Liabilities: 1496's short term assets (HK$165.3M) exceed its short term liabilities (HK$89.0M).
Long Term Liabilities: 1496's short term assets (HK$165.3M) exceed its long term liabilities (HK$22.1M).
Debt to Equity History and Analysis
Debt Level: 1496 has more cash than its total debt.
Reducing Debt: 1496's debt to equity ratio has increased from 7.3% to 17.1% over the past 5 years.
Debt Coverage: 1496's debt is well covered by operating cash flow (95%).
Interest Coverage: 1496 earns more interest than it pays, so coverage of interest payments is not a concern.