Landrich Holding Balance Sheet Health
Financial Health criteria checks 5/6
Landrich Holding has a total shareholder equity of HK$315.0M and total debt of HK$19.6M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are HK$647.6M and HK$332.6M respectively. Landrich Holding's EBIT is HK$46.4M making its interest coverage ratio -193.3. It has cash and short-term investments of HK$145.1M.
Key information
6.2%
Debt to equity ratio
HK$19.62m
Debt
Interest coverage ratio | -193.3x |
Cash | HK$145.06m |
Equity | HK$315.03m |
Total liabilities | HK$332.59m |
Total assets | HK$647.62m |
Recent financial health updates
No updates
Recent updates
Earnings Troubles May Signal Larger Issues for Landrich Holding (HKG:2132) Shareholders
Aug 06Unpleasant Surprises Could Be In Store For Landrich Holding Limited's (HKG:2132) Shares
Jul 12Getting In Cheap On Landrich Holding Limited (HKG:2132) Is Unlikely
Apr 11Landrich 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$628.3M) exceed its short term liabilities (HK$330.5M).
Long Term Liabilities: 2132's short term assets (HK$628.3M) exceed its long term liabilities (HK$2.1M).
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 54.8% to 6.2% over the past 5 years.
Debt Coverage: 2132's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2132 earns more interest than it pays, so coverage of interest payments is not a concern.