Raymond Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Raymond Industrial has a total shareholder equity of HK$673.5M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$891.1M and HK$217.5M respectively. Raymond Industrial's EBIT is HK$51.5M making its interest coverage ratio -3.4. It has cash and short-term investments of HK$373.3M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -3.4x |
| Cash | HK$373.32m |
| Equity | HK$673.54m |
| Total liabilities | HK$217.51m |
| Total assets | HK$891.05m |
Recent financial health updates
No updates
Recent updates
Raymond Industrial (HKG:229) Is Increasing Its Dividend To HK$0.10
Mar 31
Investor Optimism Abounds Raymond Industrial Limited (HKG:229) But Growth Is Lacking
Jan 24Raymond Industrial's (HKG:229) Earnings Seem To Be Promising
Sep 28Raymond Industrial (HKG:229) Is Increasing Its Dividend To HK$0.03
Aug 28Raymond Industrial (HKG:229) Has Some Difficulty Using Its Capital Effectively
Jul 19Raymond Industrial's (HKG:229) Dividend Will Be HK$0.04
Apr 04Estimating The Fair Value Of Raymond Industrial Limited (HKG:229)
Jan 18Raymond Industrial's (HKG:229) Dividend Will Be HK$0.02
Aug 28A Look At The Intrinsic Value Of Raymond Industrial Limited (HKG:229)
Jul 25Raymond Industrial (HKG:229) Has Announced A Dividend Of HK$0.02
Aug 29Here's Why We Think Raymond Industrial (HKG:229) Is Well Worth Watching
Jun 07How Does Raymond Industrial Limited (HKG:229) Fare As A Dividend Stock?
Mar 09Is Now The Time To Put Raymond Industrial (HKG:229) On Your Watchlist?
Feb 22Did You Miss Raymond Industrial's (HKG:229) 24% Share Price Gain?
Feb 06Raymond Industrial Limited's (HKG:229) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Jan 22Does Raymond Industrial (HKG:229) Have The Makings Of A Multi-Bagger?
Jan 05Have Insiders Been Buying Raymond Industrial Limited (HKG:229) Shares?
Dec 17
Is Raymond Industrial Limited (HKG:229) The Right Choice For A Smart Dividend Investor?
Dec 02Do Raymond Industrial's (HKG:229) Earnings Warrant Your Attention?
Nov 17Financial Position Analysis
Short Term Liabilities: 229's short term assets (HK$762.0M) exceed its short term liabilities (HK$217.4M).
Long Term Liabilities: 229's short term assets (HK$762.0M) exceed its long term liabilities (HK$157.0K).
Debt to Equity History and Analysis
Debt Level: 229 is debt free.
Reducing Debt: 229 has not had any debt for past 5 years.
Debt Coverage: 229 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 229 has no debt, therefore coverage of interest payments is not a concern.