Wah Sun Handbags International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Wah Sun Handbags International Holdings has a total shareholder equity of HK$255.4M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$371.3M and HK$115.9M respectively. Wah Sun Handbags International Holdings's EBIT is HK$30.7M making its interest coverage ratio 29.1. It has cash and short-term investments of HK$142.7M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 29.1x |
| Cash | HK$142.68m |
| Equity | HK$255.39m |
| Total liabilities | HK$115.92m |
| Total assets | HK$371.31m |
Recent financial health updates
No updates
Recent updates
A Look At The Fair Value Of Wah Sun Handbags International Holdings Limited (HKG:2683)
Jun 21
Investor Optimism Abounds Wah Sun Handbags International Holdings Limited (HKG:2683) But Growth Is Lacking
Apr 29Wah Sun Handbags International Holdings (HKG:2683) Is Reinvesting At Lower Rates Of Return
Feb 23Wah Sun Handbags International Holdings (HKG:2683) Will Want To Turn Around Its Return Trends
Jun 01Should Shareholders Reconsider Wah Sun Handbags International Holdings Limited's (HKG:2683) CEO Compensation Package?
Aug 30Financial Position Analysis
Short Term Liabilities: 2683's short term assets (HK$301.9M) exceed its short term liabilities (HK$98.3M).
Long Term Liabilities: 2683's short term assets (HK$301.9M) exceed its long term liabilities (HK$17.7M).
Debt to Equity History and Analysis
Debt Level: 2683 is debt free.
Reducing Debt: 2683 has no debt compared to 5 years ago when its debt to equity ratio was 7.1%.
Debt Coverage: 2683 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2683 has no debt, therefore coverage of interest payments is not a concern.