Lapco Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Lapco Holdings has a total shareholder equity of HK$101.3M and total debt of HK$54.7M, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are HK$330.3M and HK$229.0M respectively. Lapco Holdings's EBIT is HK$20.7M making its interest coverage ratio 5.7. It has cash and short-term investments of HK$72.3M.
Key information
54.0%
Debt to equity ratio
HK$54.67m
Debt
Interest coverage ratio | 5.7x |
Cash | HK$72.28m |
Equity | HK$101.28m |
Total liabilities | HK$229.04m |
Total assets | HK$330.32m |
Recent financial health updates
Is Lapco Holdings (HKG:8472) A Risky Investment?
Dec 07Is Lapco Holdings (HKG:8472) A Risky Investment?
Aug 27Recent updates
There May Be Reason For Hope In Lapco Holdings' (HKG:8472) Disappointing Earnings
Apr 07Why Investors Shouldn't Be Surprised By Lapco Holdings Limited's (HKG:8472) 26% Share Price Plunge
Apr 01Lapco Holdings (HKG:8472) Might Have The Makings Of A Multi-Bagger
Aug 28We Like These Underlying Return On Capital Trends At Lapco Holdings (HKG:8472)
Apr 28Capital Allocation Trends At Lapco Holdings (HKG:8472) Aren't Ideal
Aug 11Lapco Holdings Limited (HKG:8472) Shares May Have Slumped 95% But Getting In Cheap Is Still Unlikely
Apr 28I Ran A Stock Scan For Earnings Growth And Lapco Holdings (HKG:8472) Passed With Ease
Mar 23Is Lapco Holdings (HKG:8472) A Risky Investment?
Dec 07Is Lapco Holdings (HKG:8472) A Risky Investment?
Aug 27We Think Lapco Holdings' (HKG:8472) Robust Earnings Are Conservative
Apr 06A Closer Look At Lapco Holdings Limited's (HKG:8472) Uninspiring ROE
Jan 07Financial Position Analysis
Short Term Liabilities: 8472's short term assets (HK$241.5M) exceed its short term liabilities (HK$179.7M).
Long Term Liabilities: 8472's short term assets (HK$241.5M) exceed its long term liabilities (HK$49.3M).
Debt to Equity History and Analysis
Debt Level: 8472 has more cash than its total debt.
Reducing Debt: 8472's debt to equity ratio has reduced from 218.3% to 54% over the past 5 years.
Debt Coverage: 8472's debt is well covered by operating cash flow (154.6%).
Interest Coverage: 8472's interest payments on its debt are well covered by EBIT (5.7x coverage).