Best Mart 360 Holdings Limited

SEHK:2360 Stock Report

Market Cap: HK$1.7b

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$278.5M making its interest coverage ratio 35.7. It has cash and short-term investments of HK$165.2M.

Key information

16.8%

Debt to equity ratio

HK$76.76m

Debt

Interest coverage ratio35.7x
CashHK$165.15m
EquityHK$456.37m
Total liabilitiesHK$526.91m
Total assetsHK$983.28m

Recent financial health updates

Recent updates

Is Best Mart 360 Holdings (HKG:2360) Using Too Much Debt?

Mar 27
Is Best Mart 360 Holdings (HKG:2360) Using Too Much Debt?

Best Mart 360 Holdings (HKG:2360) Has Announced That It Will Be Increasing Its Dividend To HK$0.08

Nov 28
Best Mart 360 Holdings (HKG:2360) Has Announced That It Will Be Increasing Its Dividend To HK$0.08

Best Mart 360 Holdings (HKG:2360) Is Paying Out A Larger Dividend Than Last Year

Aug 21
Best Mart 360 Holdings (HKG:2360) Is Paying Out A Larger Dividend Than Last Year

We Think Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt With Ease

Aug 17
We Think Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt With Ease

Best Mart 360 Holdings (HKG:2360) Is Increasing Its Dividend To HK$0.08

Jul 08
Best Mart 360 Holdings (HKG:2360) Is Increasing Its Dividend To HK$0.08

Best Mart 360 Holdings (HKG:2360) Has Announced That Its Dividend Will Be Reduced To HK$0.015

Dec 01
Best Mart 360 Holdings (HKG:2360) Has Announced That Its Dividend Will Be Reduced To HK$0.015

Here's Why Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt Responsibly

Mar 18
Here's Why Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt Responsibly

What Type Of Returns Would Best Mart 360 Holdings'(HKG:2360) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Feb 22
What Type Of Returns Would Best Mart 360 Holdings'(HKG:2360) Shareholders Have Earned If They Purchased Their SharesYear Ago?

What Kind Of Investors Own Most Of Best Mart 360 Holdings Limited (HKG:2360)?

Feb 04
What Kind Of Investors Own Most Of Best Mart 360 Holdings Limited (HKG:2360)?

Is Best Mart 360 Holdings Limited (HKG:2360) A Risky Dividend Stock?

Jan 18
Is Best Mart 360 Holdings Limited (HKG:2360) A Risky Dividend Stock?

Is Best Mart 360 Holdings Limited's (HKG:2360) Recent Stock Performance Influenced By Its Financials In Any Way?

Dec 31
Is Best Mart 360 Holdings Limited's (HKG:2360) Recent Stock Performance Influenced By Its Financials In Any Way?

Here's Why We're Wary Of Buying Best Mart 360 Holdings' (HKG:2360) For Its Upcoming Dividend

Dec 13
Here's Why We're Wary Of Buying Best Mart 360 Holdings' (HKG:2360) For Its Upcoming Dividend

Best Mart 360 Holdings (HKG:2360) Seems To Use Debt Quite Sensibly

Dec 09
Best Mart 360 Holdings (HKG:2360) Seems To Use Debt Quite Sensibly

Best Mart 360 Holdings' (HKG:2360) Stock Price Has Reduced 10% In The Past Year

Nov 21
Best Mart 360 Holdings' (HKG:2360) Stock Price Has Reduced 10% In The Past Year

Financial 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 (584.9%).

Interest Coverage: 2360's interest payments on its debt are well covered by EBIT (35.7x coverage).


Balance Sheet


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