Hing Ming Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Hing Ming Holdings has a total shareholder equity of HK$121.2M and total debt of HK$8.0M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are HK$170.3M and HK$49.1M respectively. Hing Ming Holdings's EBIT is HK$5.0M making its interest coverage ratio 3.1. It has cash and short-term investments of HK$17.4M.
Key information
6.6%
Debt to equity ratio
HK$8.03m
Debt
Interest coverage ratio | 3.1x |
Cash | HK$17.35m |
Equity | HK$121.20m |
Total liabilities | HK$49.07m |
Total assets | HK$170.27m |
Recent financial health updates
No updates
Recent updates
Hing Ming Holdings (HKG:8425) Has Some Difficulty Using Its Capital Effectively
Apr 27A Look At The Fair Value Of Hing Ming Holdings Limited (HKG:8425)
Oct 10Investors Could Be Concerned With Hing Ming Holdings' (HKG:8425) Returns On Capital
Jun 21Capital Allocation Trends At Hing Ming Holdings (HKG:8425) Aren't Ideal
Aug 23Financial Position Analysis
Short Term Liabilities: 8425's short term assets (HK$44.3M) exceed its short term liabilities (HK$23.6M).
Long Term Liabilities: 8425's short term assets (HK$44.3M) exceed its long term liabilities (HK$25.5M).
Debt to Equity History and Analysis
Debt Level: 8425 has more cash than its total debt.
Reducing Debt: 8425's debt to equity ratio has increased from 0% to 6.6% over the past 5 years.
Debt Coverage: 8425's debt is well covered by operating cash flow (381.9%).
Interest Coverage: 8425's interest payments on its debt are well covered by EBIT (3.1x coverage).