Landrich Holding Balance Sheet Health
Financial Health criteria checks 6/6
Landrich Holding has a total shareholder equity of HK$306.5M and total debt of HK$14.7M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are HK$651.9M and HK$345.4M respectively. Landrich Holding's EBIT is HK$49.3M making its interest coverage ratio 65.6. It has cash and short-term investments of HK$185.7M.
Key information
4.8%
Debt to equity ratio
HK$14.74m
Debt
| Interest coverage ratio | 65.6x |
| Cash | HK$185.71m |
| Equity | HK$306.47m |
| Total liabilities | HK$345.44m |
| Total assets | HK$651.91m |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On Landrich Holding Limited (HKG:2132) Is Unlikely
Apr 11
Landrich Holding (HKG:2132) Will Want To Turn Around Its Return Trends
Feb 19Landrich Holding (HKG:2132) Is Reinvesting At Lower Rates Of Return
Sep 19Landrich Holding (HKG:2132) Is Reinvesting At Lower Rates Of Return
Jun 06Landrich Holding (HKG:2132) May Have Issues Allocating Its Capital
Feb 27Here's Why I Think Landrich Holding (HKG:2132) Is An Interesting Stock
Dec 30Landrich Holding (HKG:2132) May Have Issues Allocating Its Capital
Oct 25Shareholders Shouldn’t Be Too Comfortable With Landrich Holding's (HKG:2132) Strong Earnings
Aug 04Declining Stock and Solid Fundamentals: Is The Market Wrong About Landrich Holding Limited (HKG:2132)?
Jan 20Financial Position Analysis
Short Term Liabilities: 2132's short term assets (HK$627.3M) exceed its short term liabilities (HK$341.9M).
Long Term Liabilities: 2132's short term assets (HK$627.3M) exceed its long term liabilities (HK$3.6M).
Debt to Equity History and Analysis
Debt Level: 2132 has more cash than its total debt.
Reducing Debt: 2132's debt to equity ratio has reduced from 29% to 4.8% over the past 5 years.
Debt Coverage: 2132's debt is well covered by operating cash flow (228%).
Interest Coverage: 2132's interest payments on its debt are well covered by EBIT (65.6x coverage).