KFM Kingdom Holdings Balance Sheet Health
Financial Health criteria checks 6/6
KFM Kingdom Holdings has a total shareholder equity of HK$602.8M and total debt of HK$49.5M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are HK$778.3M and HK$175.5M respectively. KFM Kingdom Holdings's EBIT is HK$16.9M making its interest coverage ratio -4.5. It has cash and short-term investments of HK$159.5M.
Key information
8.2%
Debt to equity ratio
HK$49.50m
Debt
| Interest coverage ratio | -4.5x |
| Cash | HK$159.48m |
| Equity | HK$602.80m |
| Total liabilities | HK$175.48m |
| Total assets | HK$778.28m |
Financial Position Analysis
Short Term Liabilities: 3816's short term assets (HK$431.3M) exceed its short term liabilities (HK$168.0M).
Long Term Liabilities: 3816's short term assets (HK$431.3M) exceed its long term liabilities (HK$7.5M).
Debt to Equity History and Analysis
Debt Level: 3816 has more cash than its total debt.
Reducing Debt: 3816's debt to equity ratio has reduced from 38.1% to 8.2% over the past 5 years.
Debt Coverage: 3816's debt is well covered by operating cash flow (58%).
Interest Coverage: 3816 earns more interest than it pays, so coverage of interest payments is not a concern.