Hang Yick Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Hang Yick Holdings has a total shareholder equity of HK$160.0M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$188.4M and HK$28.4M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$63.56m |
| Equity | HK$159.97m |
| Total liabilities | HK$28.42m |
| Total assets | HK$188.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1894's short term assets (HK$159.7M) exceed its short term liabilities (HK$27.9M).
Long Term Liabilities: 1894's short term assets (HK$159.7M) exceed its long term liabilities (HK$519.0K).
Debt to Equity History and Analysis
Debt Level: 1894 is debt free.
Reducing Debt: 1894 has no debt compared to 5 years ago when its debt to equity ratio was 12.3%.
Debt Coverage: 1894 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1894 has no debt, therefore coverage of interest payments is not a concern.