Kiu Hung International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Kiu Hung International Holdings has a total shareholder equity of HK$340.0M and total debt of HK$272.4M, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are HK$770.3M and HK$430.3M respectively. Kiu Hung International Holdings's EBIT is HK$14.7M making its interest coverage ratio 0.5. It has cash and short-term investments of HK$157.0M.
Key information
80.1%
Debt to equity ratio
HK$272.43m
Debt
Interest coverage ratio | 0.5x |
Cash | HK$157.03m |
Equity | HK$339.98m |
Total liabilities | HK$430.31m |
Total assets | HK$770.28m |
Recent financial health updates
Kiu Hung International Holdings (HKG:381) Use Of Debt Could Be Considered Risky
May 29Does Kiu Hung International Holdings (HKG:381) Have A Healthy Balance Sheet?
May 02These 4 Measures Indicate That Kiu Hung International Holdings (HKG:381) Is Using Debt Extensively
Dec 09Kiu Hung International Holdings (HKG:381) Takes On Some Risk With Its Use Of Debt
Sep 03Does Kiu Hung International Holdings (HKG:381) Have A Healthy Balance Sheet?
Apr 04Is Kiu Hung International Holdings (HKG:381) Using Debt In A Risky Way?
Oct 01Recent updates
Kiu Hung International Holdings (HKG:381) Use Of Debt Could Be Considered Risky
May 29Does Kiu Hung International Holdings (HKG:381) Have A Healthy Balance Sheet?
May 02These 4 Measures Indicate That Kiu Hung International Holdings (HKG:381) Is Using Debt Extensively
Dec 09Kiu Hung International Holdings (HKG:381) Takes On Some Risk With Its Use Of Debt
Sep 03Does Kiu Hung International Holdings (HKG:381) Have A Healthy Balance Sheet?
Apr 04Is Kiu Hung International Holdings (HKG:381) Using Debt In A Risky Way?
Oct 01Financial Position Analysis
Short Term Liabilities: 381's short term assets (HK$315.5M) exceed its short term liabilities (HK$277.3M).
Long Term Liabilities: 381's short term assets (HK$315.5M) exceed its long term liabilities (HK$153.0M).
Debt to Equity History and Analysis
Debt Level: 381's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: 381's debt to equity ratio has increased from 56.1% to 80.1% over the past 5 years.
Debt Coverage: 381's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 381's interest payments on its debt are not well covered by EBIT (0.5x coverage).