Wing Chi Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Wing Chi Holdings has a total shareholder equity of HK$135.4M and total debt of HK$24.9M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are HK$337.6M and HK$202.2M respectively. Wing Chi Holdings's EBIT is HK$8.4M making its interest coverage ratio 8. It has cash and short-term investments of HK$59.2M.
Key information
18.4%
Debt to equity ratio
HK$24.91m
Debt
| Interest coverage ratio | 8x |
| Cash | HK$59.19m |
| Equity | HK$135.40m |
| Total liabilities | HK$202.15m |
| Total assets | HK$337.55m |
Recent financial health updates
Recent updates
There's Reason For Concern Over Wing Chi Holdings Limited's (HKG:6080) Price
Oct 03
Shareholders Will Probably Hold Off On Increasing Wing Chi Holdings Limited's (HKG:6080) CEO Compensation For The Time Being
Aug 09Is Wing Chi Holdings (HKG:6080) Using Too Much Debt?
Jun 23There's Been No Shortage Of Growth Recently For Wing Chi Holdings' (HKG:6080) Returns On Capital
Apr 02Subdued Growth No Barrier To Wing Chi Holdings Limited's (HKG:6080) Price
Jan 29Be Wary Of Wing Chi Holdings (HKG:6080) And Its Returns On Capital
Aug 17Wing Chi Holdings (HKG:6080) Will Want To Turn Around Its Return Trends
May 18Investors Shouldn't Be Too Comfortable With Wing Chi Holdings' (HKG:6080) Robust Earnings
Dec 02Returns On Capital At Wing Chi Holdings (HKG:6080) Paint A Concerning Picture
Oct 10Be Wary Of Wing Chi Holdings (HKG:6080) And Its Returns On Capital
Jun 27Most Shareholders Will Probably Agree With Wing Chi Holdings Limited's (HKG:6080) CEO Compensation
Aug 13How Should Investors React To Wing Chi Holdings' (HKG:6080) CEO Pay?
Jan 29
Financial Position Analysis
Short Term Liabilities: 6080's short term assets (HK$251.3M) exceed its short term liabilities (HK$188.8M).
Long Term Liabilities: 6080's short term assets (HK$251.3M) exceed its long term liabilities (HK$13.3M).
Debt to Equity History and Analysis
Debt Level: 6080 has more cash than its total debt.
Reducing Debt: 6080's debt to equity ratio has increased from 1.2% to 18.4% over the past 5 years.
Debt Coverage: 6080's debt is well covered by operating cash flow (181.8%).
Interest Coverage: 6080's interest payments on its debt are well covered by EBIT (8x coverage).