LET Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
LET Group Holdings has a total shareholder equity of HK$5.1B and total debt of HK$394.9M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are HK$7.0B and HK$1.8B respectively.
Key information
7.7%
Debt to equity ratio
HK$394.88m
Debt
Interest coverage ratio | n/a |
Cash | HK$873.50m |
Equity | HK$5.13b |
Total liabilities | HK$1.85b |
Total assets | HK$6.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1383's short term assets (HK$1.3B) exceed its short term liabilities (HK$668.3M).
Long Term Liabilities: 1383's short term assets (HK$1.3B) exceed its long term liabilities (HK$1.2B).
Debt to Equity History and Analysis
Debt Level: 1383 has more cash than its total debt.
Reducing Debt: 1383 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 1383's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: Insufficient data to determine if 1383's interest payments on its debt are well covered by EBIT.