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
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).