High Fashion International Balance Sheet Health
Financial Health criteria checks 3/6
High Fashion International has a total shareholder equity of HK$3.1B and total debt of HK$1.9B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are HK$6.6B and HK$3.6B respectively. High Fashion International's EBIT is HK$182.5M making its interest coverage ratio 2.8. It has cash and short-term investments of HK$1.2B.
Key information
63.0%
Debt to equity ratio
HK$1.93b
Debt
Interest coverage ratio | 2.8x |
Cash | HK$1.18b |
Equity | HK$3.06b |
Total liabilities | HK$3.56b |
Total assets | HK$6.63b |
Recent financial health updates
Recent updates
High Fashion International's (HKG:608) Shareholders Have More To Worry About Than Only Soft Earnings
Oct 04Shareholders May Not Be So Generous With High Fashion International Limited's (HKG:608) CEO Compensation And Here's Why
May 27High Fashion International (HKG:608) Is Experiencing Growth In Returns On Capital
Aug 28High Fashion International (HKG:608) Has Announced That It Will Be Increasing Its Dividend To HK$0.12
Apr 03High Fashion International's (HKG:608) Dividend Will Be Increased To HK$0.03
Aug 22High Fashion International's (HKG:608) Dividend Will Be Increased To HK$0.06
Jun 15High Fashion International's (HKG:608) Upcoming Dividend Will Be Larger Than Last Year's
May 02High Fashion International's (HKG:608) Upcoming Dividend Will Be Larger Than Last Year's
Apr 04High Fashion International's(HKG:608) Share Price Is Down 39% Over The Past Five Years.
Mar 16These Metrics Don't Make High Fashion International (HKG:608) Look Too Strong
Feb 18Foo Wah Lam Is The Co-Founder & Executive Chairman of High Fashion International Limited (HKG:608) And Just Spent HK$693k On Shares
Jan 22Does High Fashion International's (HKG:608) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 18Is High Fashion International (HKG:608) A Risky Investment?
Dec 28How Much Did High Fashion International's(HKG:608) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 09Foo Wah Lam Is The Co-Founder & Executive Chairman of High Fashion International Limited (HKG:608) And Just Spent HK$290k On Shares
Nov 21Are Investors Concerned With What's Going On At High Fashion International (HKG:608)?
Nov 19Financial Position Analysis
Short Term Liabilities: 608's short term assets (HK$2.5B) exceed its short term liabilities (HK$2.2B).
Long Term Liabilities: 608's short term assets (HK$2.5B) exceed its long term liabilities (HK$1.3B).
Debt to Equity History and Analysis
Debt Level: 608's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: 608's debt to equity ratio has increased from 55.6% to 63% over the past 5 years.
Debt Coverage: 608's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: 608's interest payments on its debt are not well covered by EBIT (2.8x coverage).