Lap Kei Engineering (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
Lap Kei Engineering (Holdings) has a total shareholder equity of HK$152.5M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$296.9M and HK$144.5M respectively. Lap Kei Engineering (Holdings)'s EBIT is HK$7.9M making its interest coverage ratio 141.6. It has cash and short-term investments of HK$45.8M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 141.6x |
| Cash | HK$45.76m |
| Equity | HK$152.46m |
| Total liabilities | HK$144.48m |
| Total assets | HK$296.94m |
Recent financial health updates
No updates
Recent updates
Lap Kei Engineering (Holdings) (HKG:1690) Will Be Hoping To Turn Its Returns On Capital Around
Sep 30
We Believe Lap Kei Engineering (Holdings)'s (HKG:1690) Earnings Are A Poor Guide For Its Profitability
Apr 18We Think Lap Kei Engineering (Holdings) Limited's (HKG:1690) CEO Compensation Package Needs To Be Put Under A Microscope
May 04Estimating The Fair Value Of Lap Kei Engineering (Holdings) Limited (HKG:1690)
Feb 02
How Much Is Lap Kei Engineering (Holdings)'s (HKG:1690) CEO Getting Paid?
Dec 02Financial Position Analysis
Short Term Liabilities: 1690's short term assets (HK$284.3M) exceed its short term liabilities (HK$143.6M).
Long Term Liabilities: 1690's short term assets (HK$284.3M) exceed its long term liabilities (HK$889.0K).
Debt to Equity History and Analysis
Debt Level: 1690 is debt free.
Reducing Debt: 1690 has no debt compared to 5 years ago when its debt to equity ratio was 7.4%.
Debt Coverage: 1690 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1690 has no debt, therefore coverage of interest payments is not a concern.