L.K. Technology Holdings Balance Sheet Health
Financial Health criteria checks 6/6
L.K. Technology Holdings has a total shareholder equity of HK$3.8B and total debt of HK$1.8B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are HK$8.7B and HK$4.8B respectively. L.K. Technology Holdings's EBIT is HK$603.7M making its interest coverage ratio 9.9. It has cash and short-term investments of HK$666.6M.
Key information
46.2%
Debt to equity ratio
HK$1.77b
Debt
Interest coverage ratio | 9.9x |
Cash | HK$666.64m |
Equity | HK$3.83b |
Total liabilities | HK$4.83b |
Total assets | HK$8.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 558's short term assets (HK$5.7B) exceed its short term liabilities (HK$4.4B).
Long Term Liabilities: 558's short term assets (HK$5.7B) exceed its long term liabilities (HK$391.9M).
Debt to Equity History and Analysis
Debt Level: 558's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: 558's debt to equity ratio has reduced from 85.5% to 46.2% over the past 5 years.
Debt Coverage: 558's debt is well covered by operating cash flow (20.2%).
Interest Coverage: 558's interest payments on its debt are well covered by EBIT (9.9x coverage).