International Development Balance Sheet Health
Financial Health criteria checks 2/6
International Development has a total shareholder equity of HK$692.3M and total debt of HK$140.6M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are HK$1.4B and HK$680.1M respectively.
Key information
20.3%
Debt to equity ratio
HK$140.64m
Debt
Interest coverage ratio | n/a |
Cash | HK$138.72m |
Equity | HK$692.25m |
Total liabilities | HK$680.08m |
Total assets | HK$1.37b |
Financial Position Analysis
Short Term Liabilities: 372's short term assets (HK$218.0M) do not cover its short term liabilities (HK$663.6M).
Long Term Liabilities: 372's short term assets (HK$218.0M) exceed its long term liabilities (HK$16.5M).
Debt to Equity History and Analysis
Debt Level: 372's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 372's debt to equity ratio has increased from 0.5% to 20.3% over the past 5 years.
Debt Coverage: 372's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 372's interest payments on its debt are well covered by EBIT.