Kin Shing Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Kin Shing Holdings has a total shareholder equity of HK$159.6M and total debt of HK$149.2M, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are HK$490.7M and HK$331.1M respectively. Kin Shing Holdings's EBIT is HK$2.0M making its interest coverage ratio -0.9. It has cash and short-term investments of HK$204.3M.
Key information
93.5%
Debt to equity ratio
HK$149.24m
Debt
| Interest coverage ratio | -0.9x |
| Cash | HK$204.33m |
| Equity | HK$159.56m |
| Total liabilities | HK$331.10m |
| Total assets | HK$490.66m |
Recent financial health updates
Is Kin Shing Holdings (HKG:1630) Using Too Much Debt?
Jul 23
Is Kin Shing Holdings (HKG:1630) A Risky Investment?
Dec 23Health Check: How Prudently Does Kin Shing Holdings (HKG:1630) Use Debt?
Jul 27Kin Shing Holdings (HKG:1630) Has Debt But No Earnings; Should You Worry?
Dec 02Recent updates
Kin Shing Holdings (HKG:1630) Will Be Hoping To Turn Its Returns On Capital Around
Feb 07Is Kin Shing Holdings (HKG:1630) Using Too Much Debt?
Jul 23Is Kin Shing Holdings (HKG:1630) A Risky Investment?
Dec 23Most Shareholders Will Probably Agree With Kin Shing Holdings Limited's (HKG:1630) CEO Compensation
Aug 06Health Check: How Prudently Does Kin Shing Holdings (HKG:1630) Use Debt?
Jul 27What Can We Learn About Kin Shing Holdings' (HKG:1630) CEO Compensation?
Jan 24Kin Shing Holdings (HKG:1630) Has Debt But No Earnings; Should You Worry?
Dec 02Financial Position Analysis
Short Term Liabilities: 1630's short term assets (HK$466.7M) exceed its short term liabilities (HK$331.0M).
Long Term Liabilities: 1630's short term assets (HK$466.7M) exceed its long term liabilities (HK$74.0K).
Debt to Equity History and Analysis
Debt Level: 1630 has more cash than its total debt.
Reducing Debt: 1630's debt to equity ratio has reduced from 102.4% to 93.5% over the past 5 years.
Debt Coverage: 1630's debt is well covered by operating cash flow (25.2%).
Interest Coverage: 1630 earns more interest than it pays, so coverage of interest payments is not a concern.