L.K. Technology Holdings Balance Sheet Health
Financial Health criteria checks 5/6
L.K. Technology Holdings has a total shareholder equity of HK$4.0B and total debt of HK$1.8B, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are HK$10.9B and HK$6.9B respectively. L.K. Technology Holdings's EBIT is HK$660.6M making its interest coverage ratio 12. It has cash and short-term investments of HK$2.4B.
Key information
44.6%
Debt to equity ratio
HK$1.79b
Debt
Interest coverage ratio | 12x |
Cash | HK$2.38b |
Equity | HK$4.02b |
Total liabilities | HK$6.89b |
Total assets | HK$10.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 558's short term assets (HK$7.6B) exceed its short term liabilities (HK$4.2B).
Long Term Liabilities: 558's short term assets (HK$7.6B) exceed its long term liabilities (HK$2.7B).
Debt to Equity History and Analysis
Debt Level: 558 has more cash than its total debt.
Reducing Debt: 558's debt to equity ratio has reduced from 81.5% to 44.6% over the past 5 years.
Debt Coverage: 558's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: 558's interest payments on its debt are well covered by EBIT (12x coverage).