Smart City Development Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Smart City Development Holdings has a total shareholder equity of HK$128.9M and total debt of HK$6.4M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are HK$333.0M and HK$204.1M respectively.
Key information
5.0%
Debt to equity ratio
HK$6.42m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$77.33m |
| Equity | HK$128.93m |
| Total liabilities | HK$204.11m |
| Total assets | HK$333.04m |
Recent financial health updates
Does Smart City Development Holdings (HKG:8268) Have A Healthy Balance Sheet?
Mar 25
Smart City Development Holdings (HKG:8268) Seems To Use Debt Quite Sensibly
Dec 09Recent updates
What Smart City Development Holdings Limited's (HKG:8268) 28% Share Price Gain Is Not Telling You
Aug 15Subdued Growth No Barrier To Smart City Development Holdings Limited's (HKG:8268) Price
Mar 06Smart City Development Holdings (HKG:8268) Is Finding It Tricky To Allocate Its Capital
Oct 13Smart City Development Holdings Limited's (HKG:8268) Share Price Could Signal Some Risk
Aug 16Investors Could Be Concerned With Smart City Development Holdings' (HKG:8268) Returns On Capital
Jul 06These Return Metrics Don't Make Smart City Development Holdings (HKG:8268) Look Too Strong
Feb 07Smart City Development Holdings (HKG:8268) Might Be Having Difficulty Using Its Capital Effectively
Jul 07Does Smart City Development Holdings (HKG:8268) Have A Healthy Balance Sheet?
Mar 25Smart City Development Holdings (HKG:8268) Seems To Use Debt Quite Sensibly
Dec 09Financial Position Analysis
Short Term Liabilities: 8268's short term assets (HK$240.6M) exceed its short term liabilities (HK$200.2M).
Long Term Liabilities: 8268's short term assets (HK$240.6M) exceed its long term liabilities (HK$3.9M).
Debt to Equity History and Analysis
Debt Level: 8268 has more cash than its total debt.
Reducing Debt: 8268's debt to equity ratio has reduced from 43.6% to 5% over the past 5 years.
Debt Coverage: 8268's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8268's interest payments on its debt are well covered by EBIT.