National Electronics Holdings Balance Sheet Health
Financial Health criteria checks 1/6
National Electronics Holdings has a total shareholder equity of HK$2.5B and total debt of HK$4.9B, which brings its debt-to-equity ratio to 193.4%. Its total assets and total liabilities are HK$8.6B and HK$6.0B respectively. National Electronics Holdings's EBIT is HK$14.0M making its interest coverage ratio 0.1. It has cash and short-term investments of HK$672.8M.
Key information
193.4%
Debt to equity ratio
HK$4.93b
Debt
| Interest coverage ratio | 0.07x |
| Cash | HK$672.82m |
| Equity | HK$2.55b |
| Total liabilities | HK$6.03b |
| Total assets | HK$8.58b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To National Electronics Holdings Limited (HKG:213) With Shares Advancing 38%
Oct 10
National Electronics Holdings (HKG:213) Is Paying Out A Dividend Of HK$0.012
Aug 21National Electronics Holdings (HKG:213) Is Paying Out A Dividend Of HK$0.012
Jul 22National Electronics Holdings (HKG:213) Has Announced A Dividend Of HK$0.012
Jul 05National Electronics Holdings (HKG:213) Will Pay A Smaller Dividend Than Last Year
Aug 28National Electronics Holdings' (HKG:213) Dividend Will Be Reduced To HK$0.018
Jul 14National Electronics Holdings' (HKG:213) Dividend Is Being Reduced To HK$0.018
Jun 30National Electronics Holdings (HKG:213) Has Affirmed Its Dividend Of HK$0.005
Dec 02National Electronics Holdings' (HKG:213) Dividend Will Be HK$0.03
Jul 20National Electronics Holdings (HKG:213) Has Re-Affirmed Its Dividend Of HK$0.03
Jul 05National Electronics Holdings (HKG:213) Is Due To Pay A Dividend Of HK$0.005
Dec 01National Electronics Holdings (HKG:213) Is Due To Pay A Dividend Of HK$0.03
Aug 25National Electronics Holdings (HKG:213) Has Announced A Dividend Of HK$0.03
Jul 26Is National Electronics Holdings Limited's (HKG:213) 3.3% Dividend Worth Your Time?
Mar 15Did You Participate In Any Of National Electronics Holdings' (HKG:213) Respectable 51% Return?
Feb 17
How Does National Electronics Holdings' (HKG:213) CEO Pay Compare With Company Performance?
Jan 28What Kind Of Shareholders Hold The Majority In National Electronics Holdings Limited's (HKG:213) Shares?
Jan 11We Wouldn't Rely On National Electronics Holdings's (HKG:213) Statutory Earnings As A Guide
Dec 24What To Know Before Buying National Electronics Holdings Limited (HKG:213) For Its Dividend
Dec 06Financial Position Analysis
Short Term Liabilities: 213's short term assets (HK$2.9B) exceed its short term liabilities (HK$2.5B).
Long Term Liabilities: 213's short term assets (HK$2.9B) do not cover its long term liabilities (HK$3.5B).
Debt to Equity History and Analysis
Debt Level: 213's net debt to equity ratio (167%) is considered high.
Reducing Debt: 213's debt to equity ratio has increased from 163.3% to 193.4% over the past 5 years.
Debt Coverage: 213's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 213's interest payments on its debt are not well covered by EBIT (0.1x coverage).