Hong Kong Food Investment Holdings Limited

SEHK:60 Stock Report

Market Cap: HK$119.4m

Hong Kong Food Investment Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Hong Kong Food Investment Holdings has a total shareholder equity of HK$544.6M and total debt of HK$29.7M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are HK$611.4M and HK$66.9M respectively.

Key information

5.5%

Debt to equity ratio

HK$29.71m

Debt

Interest coverage ration/a
CashHK$79.54m
EquityHK$544.57m
Total liabilitiesHK$66.87m
Total assetsHK$611.44m

Recent financial health updates

Recent updates

Hong Kong Food Investment Holdings Limited's (HKG:60) Shares Not Telling The Full Story

Apr 10
Hong Kong Food Investment Holdings Limited's (HKG:60) Shares Not Telling The Full Story

Health Check: How Prudently Does Hong Kong Food Investment Holdings (HKG:60) Use Debt?

Jul 11
Health Check: How Prudently Does Hong Kong Food Investment Holdings (HKG:60) Use Debt?

Hong Kong Food Investment Holdings (HKG:60) Has Debt But No Earnings; Should You Worry?

Dec 24
Hong Kong Food Investment Holdings (HKG:60) Has Debt But No Earnings; Should You Worry?

We Discuss Why Hong Kong Food Investment Holdings Limited's (HKG:60) CEO Compensation May Be Closely Reviewed

Aug 24
We Discuss Why Hong Kong Food Investment Holdings Limited's (HKG:60) CEO Compensation May Be Closely Reviewed

Is Hong Kong Food Investment Holdings (HKG:60) Using Debt Sensibly?

Aug 10
Is Hong Kong Food Investment Holdings (HKG:60) Using Debt Sensibly?

Health Check: How Prudently Does Hong Kong Food Investment Holdings (HKG:60) Use Debt?

Jan 24
Health Check: How Prudently Does Hong Kong Food Investment Holdings (HKG:60) Use Debt?

What Can We Conclude About Hong Kong Food Investment Holdings' (HKG:60) CEO Pay?

Dec 01
What Can We Conclude About Hong Kong Food Investment Holdings' (HKG:60) CEO Pay?

Financial Position Analysis

Short Term Liabilities: 60's short term assets (HK$150.5M) exceed its short term liabilities (HK$61.1M).

Long Term Liabilities: 60's short term assets (HK$150.5M) exceed its long term liabilities (HK$5.7M).


Debt to Equity History and Analysis

Debt Level: 60 has more cash than its total debt.

Reducing Debt: 60's debt to equity ratio has reduced from 5.8% to 5.5% over the past 5 years.

Debt Coverage: 60's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 60's interest payments on its debt are well covered by EBIT.


Balance Sheet


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