Asia Allied Infrastructure Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Asia Allied Infrastructure Holdings has a total shareholder equity of HK$2.5B and total debt of HK$2.8B, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are HK$8.1B and HK$5.6B respectively. Asia Allied Infrastructure Holdings's EBIT is HK$74.7M making its interest coverage ratio 0.5. It has cash and short-term investments of HK$1.0B.
Key information
108.8%
Debt to equity ratio
HK$2.75b
Debt
| Interest coverage ratio | 0.5x |
| Cash | HK$1.03b |
| Equity | HK$2.53b |
| Total liabilities | HK$5.56b |
| Total assets | HK$8.09b |
Recent financial health updates
Recent updates
Asia Allied Infrastructure Holdings (HKG:711) Will Pay A Larger Dividend Than Last Year At HK$0.0113
Dec 13
Asia Allied Infrastructure Holdings (HKG:711) Has Announced That Its Dividend Will Be Reduced To HK$0.0105
Aug 24Asia Allied Infrastructure Holdings (HKG:711) Is Paying Out Less In Dividends Than Last Year
Jul 12Does Asia Allied Infrastructure Holdings (HKG:711) Have A Healthy Balance Sheet?
Feb 01Reflecting on Asia Allied Infrastructure Holdings' (HKG:711) Share Price Returns Over The Last Five Years
Jan 11How Does Asia Allied Infrastructure Holdings' (HKG:711) CEO Pay Compare With Company Performance?
Dec 21Financial Position Analysis
Short Term Liabilities: 711's short term assets (HK$6.9B) exceed its short term liabilities (HK$3.4B).
Long Term Liabilities: 711's short term assets (HK$6.9B) exceed its long term liabilities (HK$2.1B).
Debt to Equity History and Analysis
Debt Level: 711's net debt to equity ratio (68%) is considered high.
Reducing Debt: 711's debt to equity ratio has increased from 100.6% to 108.8% over the past 5 years.
Debt Coverage: 711's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 711's interest payments on its debt are not well covered by EBIT (0.5x coverage).