NWS Holdings Balance Sheet Health
Financial Health criteria checks 3/6
NWS Holdings has a total shareholder equity of HK$43.4B and total debt of HK$29.9B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are HK$155.1B and HK$111.7B respectively. NWS Holdings's EBIT is HK$3.1B making its interest coverage ratio -3.1. It has cash and short-term investments of HK$23.8B.
Key information
69.0%
Debt to equity ratio
HK$29.90b
Debt
| Interest coverage ratio | -3.1x |
| Cash | HK$23.83b |
| Equity | HK$43.35b |
| Total liabilities | HK$111.73b |
| Total assets | HK$155.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 659's short term assets (HK$33.7B) exceed its short term liabilities (HK$10.6B).
Long Term Liabilities: 659's short term assets (HK$33.7B) do not cover its long term liabilities (HK$101.1B).
Debt to Equity History and Analysis
Debt Level: 659's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: 659's debt to equity ratio has increased from 26.4% to 69% over the past 5 years.
Debt Coverage: 659's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 659 earns more interest than it pays, so coverage of interest payments is not a concern.