Kingland Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Kingland Group Holdings has a total shareholder equity of HK$33.2M and total debt of HK$14.7M, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are HK$80.2M and HK$47.0M respectively. Kingland Group Holdings's EBIT is HK$5.4M making its interest coverage ratio 19.6. It has cash and short-term investments of HK$8.4M.
Key information
44.4%
Debt to equity ratio
HK$14.73m
Debt
| Interest coverage ratio | 19.6x |
| Cash | HK$8.36m |
| Equity | HK$33.19m |
| Total liabilities | HK$47.04m |
| Total assets | HK$80.24m |
Recent financial health updates
No updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Kingland Group Holdings (HKG:1751) Passed With Ease
Oct 25
What Kingland Group Holdings Limited's (HKG:1751) P/S Is Not Telling You
Aug 15Revenues Not Telling The Story For Kingland Group Holdings Limited (HKG:1751) After Shares Rise 32%
Apr 09Optimistic Investors Push Kingland Group Holdings Limited (HKG:1751) Shares Up 32% But Growth Is Lacking
Apr 09What Kingland Group Holdings Limited's (HKG:1751) P/S Is Not Telling You
Dec 18Financial Position Analysis
Short Term Liabilities: 1751's short term assets (HK$68.4M) exceed its short term liabilities (HK$43.2M).
Long Term Liabilities: 1751's short term assets (HK$68.4M) exceed its long term liabilities (HK$3.8M).
Debt to Equity History and Analysis
Debt Level: 1751's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: 1751's debt to equity ratio has increased from 6.4% to 44.4% over the past 5 years.
Debt Coverage: 1751's debt is well covered by operating cash flow (32.3%).
Interest Coverage: 1751's interest payments on its debt are well covered by EBIT (19.6x coverage).