Success Dragon International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Success Dragon International Holdings has a total shareholder equity of HK$119.0M and total debt of HK$4.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are HK$204.8M and HK$85.9M respectively. Success Dragon International Holdings's EBIT is HK$11.9M making its interest coverage ratio 21. It has cash and short-term investments of HK$79.8M.
Key information
3.4%
Debt to equity ratio
HK$4.03m
Debt
| Interest coverage ratio | 21x |
| Cash | HK$79.75m |
| Equity | HK$118.99m |
| Total liabilities | HK$85.86m |
| Total assets | HK$204.85m |
Recent financial health updates
Is Success Dragon International Holdings (HKG:1182) Using Too Much Debt?
Mar 20
Success Dragon International Holdings (HKG:1182) Is Carrying A Fair Bit Of Debt
Dec 26Recent updates
Returns Are Gaining Momentum At Success Dragon International Holdings (HKG:1182)
Apr 21Cautious Investors Not Rewarding Success Dragon International Holdings Limited's (HKG:1182) Performance Completely
Feb 24Success Dragon International Holdings (HKG:1182) Is Experiencing Growth In Returns On Capital
Oct 06Subdued Growth No Barrier To Success Dragon International Holdings Limited's (HKG:1182) Price
Jul 26Is Success Dragon International Holdings (HKG:1182) Using Too Much Debt?
Mar 20Success Dragon International Holdings (HKG:1182) Is Carrying A Fair Bit Of Debt
Dec 26Financial Position Analysis
Short Term Liabilities: 1182's short term assets (HK$193.6M) exceed its short term liabilities (HK$85.9M).
Long Term Liabilities: 1182 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1182 has more cash than its total debt.
Reducing Debt: 1182's debt to equity ratio has reduced from 44.8% to 3.4% over the past 5 years.
Debt Coverage: 1182's debt is well covered by operating cash flow (1457.1%).
Interest Coverage: 1182's interest payments on its debt are well covered by EBIT (21x coverage).