Wing Chi Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Wing Chi Holdings has a total shareholder equity of HK$130.8M and total debt of HK$12.2M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are HK$344.5M and HK$213.6M respectively. Wing Chi Holdings's EBIT is HK$5.0M making its interest coverage ratio 7. It has cash and short-term investments of HK$45.6M.
Key information
9.3%
Debt to equity ratio
HK$12.16m
Debt
| Interest coverage ratio | 7x |
| Cash | HK$45.63m |
| Equity | HK$130.83m |
| Total liabilities | HK$213.65m |
| Total assets | HK$344.47m |
Recent financial health updates
Recent updates
Shareholders Will Probably Hold Off On Increasing Wing Chi Holdings Limited's (HKG:6080) CEO Compensation For The Time Being
Aug 09
Is 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$277.6M) exceed its short term liabilities (HK$202.5M).
Long Term Liabilities: 6080's short term assets (HK$277.6M) exceed its long term liabilities (HK$11.2M).
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 9.3% over the past 5 years.
Debt Coverage: 6080's debt is well covered by operating cash flow (210.4%).
Interest Coverage: 6080's interest payments on its debt are well covered by EBIT (7x coverage).