Best Mart 360 Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Best Mart 360 Holdings has a total shareholder equity of HK$456.4M and total debt of HK$76.8M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are HK$983.3M and HK$526.9M respectively. Best Mart 360 Holdings's EBIT is HK$282.7M making its interest coverage ratio 35.5. It has cash and short-term investments of HK$205.3M.
Key information
16.8%
Debt to equity ratio
HK$76.76m
Debt
| Interest coverage ratio | 35.5x |
| Cash | HK$205.29m |
| Equity | HK$456.37m |
| Total liabilities | HK$526.91m |
| Total assets | HK$983.28m |
Recent financial health updates
Is Best Mart 360 Holdings (HKG:2360) Using Too Much Debt?
Mar 27
We Think Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt With Ease
Aug 17Here's Why Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt Responsibly
Mar 18Best Mart 360 Holdings (HKG:2360) Seems To Use Debt Quite Sensibly
Dec 09Recent updates
Is Best Mart 360 Holdings (HKG:2360) Using Too Much Debt?
Mar 27Best Mart 360 Holdings (HKG:2360) Has Announced That It Will Be Increasing Its Dividend To HK$0.08
Nov 28Best Mart 360 Holdings (HKG:2360) Is Paying Out A Larger Dividend Than Last Year
Aug 21We Think Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt With Ease
Aug 17Best Mart 360 Holdings (HKG:2360) Is Increasing Its Dividend To HK$0.08
Jul 08Best Mart 360 Holdings (HKG:2360) Has Announced That Its Dividend Will Be Reduced To HK$0.015
Dec 01Here's Why Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt Responsibly
Mar 18What Type Of Returns Would Best Mart 360 Holdings'(HKG:2360) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Feb 22What Kind Of Investors Own Most Of Best Mart 360 Holdings Limited (HKG:2360)?
Feb 04
Is Best Mart 360 Holdings Limited (HKG:2360) A Risky Dividend Stock?
Jan 18Is Best Mart 360 Holdings Limited's (HKG:2360) Recent Stock Performance Influenced By Its Financials In Any Way?
Dec 31Here's Why We're Wary Of Buying Best Mart 360 Holdings' (HKG:2360) For Its Upcoming Dividend
Dec 13Best Mart 360 Holdings (HKG:2360) Seems To Use Debt Quite Sensibly
Dec 09Best Mart 360 Holdings' (HKG:2360) Stock Price Has Reduced 10% In The Past Year
Nov 21Financial Position Analysis
Short Term Liabilities: 2360's short term assets (HK$498.1M) exceed its short term liabilities (HK$418.9M).
Long Term Liabilities: 2360's short term assets (HK$498.1M) exceed its long term liabilities (HK$108.0M).
Debt to Equity History and Analysis
Debt Level: 2360 has more cash than its total debt.
Reducing Debt: 2360's debt to equity ratio has reduced from 24% to 16.8% over the past 5 years.
Debt Coverage: 2360's debt is well covered by operating cash flow (484.2%).
Interest Coverage: 2360's interest payments on its debt are well covered by EBIT (35.5x coverage).