Hong Kong Technology Venture Balance Sheet Health
Financial Health criteria checks 6/6
Hong Kong Technology Venture has a total shareholder equity of HK$2.3B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$3.6B and HK$1.4B respectively. Hong Kong Technology Venture's EBIT is HK$62.4M making its interest coverage ratio -3.9. It has cash and short-term investments of HK$773.7M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -3.9x |
| Cash | HK$773.73m |
| Equity | HK$2.26b |
| Total liabilities | HK$1.36b |
| Total assets | HK$3.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1137's short term assets (HK$1.1B) exceed its short term liabilities (HK$969.8M).
Long Term Liabilities: 1137's short term assets (HK$1.1B) exceed its long term liabilities (HK$391.9M).
Debt to Equity History and Analysis
Debt Level: 1137 is debt free.
Reducing Debt: 1137 has no debt compared to 5 years ago when its debt to equity ratio was 16.1%.
Debt Coverage: 1137 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1137 has no debt, therefore coverage of interest payments is not a concern.