Lotus Horizon Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Lotus Horizon Holdings has a total shareholder equity of HK$127.8M and total debt of HK$4.8M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are HK$171.0M and HK$43.2M respectively. Lotus Horizon Holdings's EBIT is HK$3.0M making its interest coverage ratio -1.6. It has cash and short-term investments of HK$70.3M.
Key information
3.7%
Debt to equity ratio
HK$4.78m
Debt
| Interest coverage ratio | -1.6x |
| Cash | HK$70.26m |
| Equity | HK$127.80m |
| Total liabilities | HK$43.20m |
| Total assets | HK$171.00m |
Recent financial health updates
Is Lotus Horizon Holdings (HKG:6063) A Risky Investment?
Jan 11
Does Lotus Horizon Holdings (HKG:6063) Have A Healthy Balance Sheet?
Aug 03Lotus Horizon Holdings (HKG:6063) Has Debt But No Earnings; Should You Worry?
Aug 04Does Lotus Horizon Holdings (HKG:6063) Have A Healthy Balance Sheet?
Mar 15Is Lotus Horizon Holdings (HKG:6063) Using Too Much Debt?
Nov 29Is Lotus Horizon Holdings (HKG:6063) Using Too Much Debt?
Feb 02
Recent updates
Lotus Horizon Holdings Limited's (HKG:6063) 35% Price Boost Is Out Of Tune With Revenues
Nov 17Lotus Horizon Holdings Limited's (HKG:6063) Shares May Have Run Too Fast Too Soon
Oct 02What Lotus Horizon Holdings Limited's (HKG:6063) 28% Share Price Gain Is Not Telling You
Apr 24Some Shareholders Feeling Restless Over Lotus Horizon Holdings Limited's (HKG:6063) P/S Ratio
Mar 08Is Lotus Horizon Holdings (HKG:6063) A Risky Investment?
Jan 11Does Lotus Horizon Holdings (HKG:6063) Have A Healthy Balance Sheet?
Aug 03Lotus Horizon Holdings (HKG:6063) Has Debt But No Earnings; Should You Worry?
Aug 04Does Lotus Horizon Holdings (HKG:6063) Have A Healthy Balance Sheet?
Mar 15Is Lotus Horizon Holdings (HKG:6063) Using Too Much Debt?
Nov 29Estimating The Intrinsic Value Of Lotus Horizon Holdings Limited (HKG:6063)
Jun 28Is Lotus Horizon Holdings (HKG:6063) Using Too Much Debt?
Feb 02Should You Use Lotus Horizon Holdings's (HKG:6063) Statutory Earnings To Analyse It?
Dec 29Is Lotus Horizon Holdings Limited's (HKG:6063) ROE Of 55% Impressive?
Nov 24Financial Position Analysis
Short Term Liabilities: 6063's short term assets (HK$162.3M) exceed its short term liabilities (HK$42.1M).
Long Term Liabilities: 6063's short term assets (HK$162.3M) exceed its long term liabilities (HK$1.1M).
Debt to Equity History and Analysis
Debt Level: 6063 has more cash than its total debt.
Reducing Debt: 6063's debt to equity ratio has reduced from 71.4% to 3.7% over the past 5 years.
Debt Coverage: 6063's debt is well covered by operating cash flow (327.4%).
Interest Coverage: 6063 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lotus Horizon 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 |
|---|