Kwong Man Kee Group Balance Sheet Health
Financial Health criteria checks 6/6
Kwong Man Kee Group has a total shareholder equity of HK$127.7M and total debt of HK$8.6M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are HK$181.6M and HK$54.0M respectively. Kwong Man Kee Group's EBIT is HK$17.1M making its interest coverage ratio -161.1. It has cash and short-term investments of HK$56.3M.
Key information
6.7%
Debt to equity ratio
HK$8.56m
Debt
| Interest coverage ratio | -161.1x |
| Cash | HK$56.27m |
| Equity | HK$127.66m |
| Total liabilities | HK$53.98m |
| Total assets | HK$181.64m |
Recent financial health updates
No updates
Recent updates
Some Shareholders Feeling Restless Over Kwong Man Kee Group Limited's (HKG:8023) P/E Ratio
Mar 19
Estimating The Intrinsic Value Of Kwong Man Kee Group Limited (HKG:8023)
Jul 14Is Now The Time To Put Kwong Man Kee Group (HKG:8023) On Your Watchlist?
May 25A Look At The Intrinsic Value Of Kwong Man Kee Group Limited (HKG:8023)
Mar 31Kwong Man Kee Group Limited's (HKG:8023) Stock Is Going Strong: Is the Market Following Fundamentals?
Jan 04
Should You Use Kwong Man Kee Group's (HKG:8023) Statutory Earnings To Analyse It?
Nov 30Financial Position Analysis
Short Term Liabilities: 8023's short term assets (HK$135.5M) exceed its short term liabilities (HK$52.0M).
Long Term Liabilities: 8023's short term assets (HK$135.5M) exceed its long term liabilities (HK$1.9M).
Debt to Equity History and Analysis
Debt Level: 8023 has more cash than its total debt.
Reducing Debt: 8023's debt to equity ratio has reduced from 14% to 6.7% over the past 5 years.
Debt Coverage: 8023's debt is well covered by operating cash flow (453.6%).
Interest Coverage: 8023 earns more interest than it pays, so coverage of interest payments is not a concern.