AP Rentals Holdings Balance Sheet Health
Financial Health criteria checks 5/6
AP Rentals Holdings has a total shareholder equity of HK$221.7M and total debt of HK$34.1M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are HK$322.6M and HK$100.8M respectively. AP Rentals Holdings's EBIT is HK$5.5M making its interest coverage ratio 72.9. It has cash and short-term investments of HK$78.7M.
Key information
15.4%
Debt to equity ratio
HK$34.11m
Debt
| Interest coverage ratio | 72.9x |
| Cash | HK$78.74m |
| Equity | HK$221.74m |
| Total liabilities | HK$100.84m |
| Total assets | HK$322.59m |
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
We 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$136.2M) exceed its short term liabilities (HK$75.6M).
Long Term Liabilities: 1496's short term assets (HK$136.2M) exceed its long term liabilities (HK$25.2M).
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 4.2% to 15.4% over the past 5 years.
Debt Coverage: 1496's debt is well covered by operating cash flow (182.1%).
Interest Coverage: 1496's interest payments on its debt are well covered by EBIT (72.9x coverage).