Eco-Tek Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Eco-Tek Holdings has a total shareholder equity of HK$107.6M and total debt of HK$13.8M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are HK$170.5M and HK$63.0M respectively. Eco-Tek Holdings's EBIT is HK$8.7M making its interest coverage ratio 44. It has cash and short-term investments of HK$50.8M.
Key information
12.8%
Debt to equity ratio
HK$13.76m
Debt
| Interest coverage ratio | 44x |
| Cash | HK$50.80m |
| Equity | HK$107.56m |
| Total liabilities | HK$62.98m |
| Total assets | HK$170.54m |
Recent financial health updates
Eco-Tek Holdings (HKG:8169) Seems To Use Debt Rather Sparingly
Jun 18
These 4 Measures Indicate That Eco-Tek Holdings (HKG:8169) Is Using Debt Safely
Jun 14Recent updates
Eco-Tek Holdings' (HKG:8169) Returns Have Hit A Wall
Apr 16Eco-Tek Holdings (HKG:8169) May Have Issues Allocating Its Capital
Sep 13These Return Metrics Don't Make Eco-Tek Holdings (HKG:8169) Look Too Strong
Apr 13Returns At Eco-Tek Holdings (HKG:8169) Are On The Way Up
Jan 10Investors Will Want Eco-Tek Holdings' (HKG:8169) Growth In ROCE To Persist
Oct 10Eco-Tek Holdings (HKG:8169) Seems To Use Debt Rather Sparingly
Jun 18Eco-Tek Holdings' (HKG:8169) Returns On Capital Are Heading Higher
Apr 29Returns Are Gaining Momentum At Eco-Tek Holdings (HKG:8169)
Sep 02These 4 Measures Indicate That Eco-Tek Holdings (HKG:8169) Is Using Debt Safely
Jun 14Returns Are Gaining Momentum At Eco-Tek Holdings (HKG:8169)
Apr 08Here’s What’s Happening With Returns At Eco-Tek Holdings (HKG:8169)
Dec 24
Financial Position Analysis
Short Term Liabilities: 8169's short term assets (HK$93.5M) exceed its short term liabilities (HK$49.7M).
Long Term Liabilities: 8169's short term assets (HK$93.5M) exceed its long term liabilities (HK$13.3M).
Debt to Equity History and Analysis
Debt Level: 8169 has more cash than its total debt.
Reducing Debt: 8169's debt to equity ratio has reduced from 18% to 12.8% over the past 5 years.
Debt Coverage: 8169's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: 8169's interest payments on its debt are well covered by EBIT (44x coverage).