Herald Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Herald Holdings has a total shareholder equity of HK$636.7M and total debt of HK$10.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are HK$893.0M and HK$256.3M respectively. Herald Holdings's EBIT is HK$33.0M making its interest coverage ratio -33.9. It has cash and short-term investments of HK$314.4M.
Key information
1.6%
Debt to equity ratio
HK$10.00m
Debt
| Interest coverage ratio | -33.9x |
| Cash | HK$314.35m |
| Equity | HK$636.69m |
| Total liabilities | HK$256.31m |
| Total assets | HK$893.00m |
Recent financial health updates
Recent updates
We Like Herald Holdings' (HKG:114) Earnings For More Than Just Statutory Profit
Dec 20
Estimating The Intrinsic Value Of Herald Holdings Limited (HKG:114)
Jun 01Herald Holdings (HKG:114) Has Debt But No Earnings; Should You Worry?
Sep 28Herald Holdings (HKG:114) Has Re-Affirmed Its Dividend Of HK$0.03
Sep 20Increases to CEO Compensation Might Be Put On Hold For Now at Herald Holdings Limited (HKG:114)
Sep 10Estimating The Fair Value Of Herald Holdings Limited (HKG:114)
Sep 07Herald Holdings (HKG:114) Is Due To Pay A Dividend Of HK$0.03
Jul 02I Ran A Stock Scan For Earnings Growth And Herald Holdings (HKG:114) Passed With Ease
Jun 13Know This Before Buying Herald Holdings Limited (HKG:114) For Its Dividend
Apr 22Herald Holdings (HKG:114) Has Some Way To Go To Become A Multi-Bagger
Apr 01Should You Be Adding Herald Holdings (HKG:114) To Your Watchlist Today?
Mar 11Here's What We Learned About The CEO Pay At Herald Holdings Limited (HKG:114)
Feb 18We're Not Counting On Herald Holdings (HKG:114) To Sustain Its Statutory Profitability
Feb 03
Investors In Herald Holdings Limited (HKG:114) Should Consider This, First
Jan 19Herald Holdings' (HKG:114) Shareholders Are Down 44% On Their Shares
Jan 04How Much Are Herald Holdings Limited (HKG:114) Insiders Spending On Buying Shares?
Dec 20Herald Holdings Limited's (HKG:114) 27% Price Boost Is Out Of Tune With Earnings
Dec 02We Like These Underlying Trends At Herald Holdings (HKG:114)
Nov 28Financial Position Analysis
Short Term Liabilities: 114's short term assets (HK$593.8M) exceed its short term liabilities (HK$209.1M).
Long Term Liabilities: 114's short term assets (HK$593.8M) exceed its long term liabilities (HK$47.2M).
Debt to Equity History and Analysis
Debt Level: 114 has more cash than its total debt.
Reducing Debt: 114's debt to equity ratio has reduced from 6.6% to 1.6% over the past 5 years.
Debt Coverage: 114's debt is well covered by operating cash flow (1840.7%).
Interest Coverage: 114 earns more interest than it pays, so coverage of interest payments is not a concern.