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$555.4M and total debt of HK$24.9M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are HK$615.5M and HK$60.1M respectively.
Key information
4.5%
Debt to equity ratio
HK$24.86m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$85.55m |
| Equity | HK$555.41m |
| Total liabilities | HK$60.06m |
| Total assets | HK$615.47m |
Recent financial health updates
Health Check: How Prudently Does Hong Kong Food Investment Holdings (HKG:60) Use Debt?
Jul 11
Hong Kong Food Investment Holdings (HKG:60) Has Debt But No Earnings; Should You Worry?
Dec 24Is Hong Kong Food Investment Holdings (HKG:60) Using Debt Sensibly?
Aug 10Health Check: How Prudently Does Hong Kong Food Investment Holdings (HKG:60) Use Debt?
Jan 24Recent updates
Hong Kong Food Investment Holdings Limited's (HKG:60) Shares Not Telling The Full Story
Apr 10Health Check: How Prudently Does Hong Kong Food Investment Holdings (HKG:60) Use Debt?
Jul 11Hong Kong Food Investment Holdings (HKG:60) Has Debt But No Earnings; Should You Worry?
Dec 24We Discuss Why Hong Kong Food Investment Holdings Limited's (HKG:60) CEO Compensation May Be Closely Reviewed
Aug 24Is Hong Kong Food Investment Holdings (HKG:60) Using Debt Sensibly?
Aug 10Health Check: How Prudently Does Hong Kong Food Investment Holdings (HKG:60) Use Debt?
Jan 24What Can We Conclude About Hong Kong Food Investment Holdings' (HKG:60) CEO Pay?
Dec 01Financial Position Analysis
Short Term Liabilities: 60's short term assets (HK$142.9M) exceed its short term liabilities (HK$50.8M).
Long Term Liabilities: 60's short term assets (HK$142.9M) exceed its long term liabilities (HK$9.3M).
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 5.2% to 4.5% 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.