WK Group (Holdings) Balance Sheet Health

Financial Health criteria checks 5/6

WK Group (Holdings) has a total shareholder equity of HK$235.2M and total debt of HK$6.4M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are HK$321.1M and HK$85.9M respectively. WK Group (Holdings)'s EBIT is HK$55.2M making its interest coverage ratio 541.5. It has cash and short-term investments of HK$118.5M.

Key information

2.7%

Debt to equity ratio

HK$6.43m

Debt

Interest coverage ratio	541.5x
Cash	HK$118.49m
Equity	HK$235.21m
Total liabilities	HK$85.93m
Total assets	HK$321.14m

Recent financial health updates

No updates

Recent updates

Weak Statutory Earnings May Not Tell The Whole Story For WK Group (Holdings) (HKG:2535)

Oct 03

Financial Position Analysis

Short Term Liabilities: 2535's short term assets (HK$302.9M) exceed its short term liabilities (HK$85.6M).

Long Term Liabilities: 2535's short term assets (HK$302.9M) exceed its long term liabilities (HK$285.0K).

Debt to Equity History and Analysis

Debt Level: 2535 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 2535's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 2535's debt is well covered by operating cash flow (73.6%).

Interest Coverage: 2535's interest payments on its debt are well covered by EBIT (541.5x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 18:53
End of Day Share Price	2024/12/27 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

WK Group (Holdings) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution