Hope Life International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Hope Life International Holdings has a total shareholder equity of HK$388.5M and total debt of HK$73.7M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are HK$509.5M and HK$121.0M respectively. Hope Life International Holdings's EBIT is HK$23.9M making its interest coverage ratio 4.3. It has cash and short-term investments of HK$33.0M.
Key information
19.0%
Debt to equity ratio
HK$73.65m
Debt
| Interest coverage ratio | 4.3x |
| Cash | HK$33.00m |
| Equity | HK$388.50m |
| Total liabilities | HK$120.98m |
| Total assets | HK$509.48m |
Recent financial health updates
We Think Hope Life International Holdings (HKG:1683) Can Stay On Top Of Its Debt
Nov 09
Hope Life International Holdings (HKG:1683) Has A Pretty Healthy Balance Sheet
Jul 01Recent updates
We Think Hope Life International Holdings (HKG:1683) Can Stay On Top Of Its Debt
Nov 09Even With A 38% Surge, Cautious Investors Are Not Rewarding Hope Life International Holdings Limited's (HKG:1683) Performance Completely
Oct 04Slammed 33% Hope Life International Holdings Limited (HKG:1683) Screens Well Here But There Might Be A Catch
Aug 19It's Down 26% But Hope Life International Holdings Limited (HKG:1683) Could Be Riskier Than It Looks
Jul 05Take Care Before Jumping Onto Hope Life International Holdings Limited (HKG:1683) Even Though It's 27% Cheaper
Apr 12Slammed 37% Hope Life International Holdings Limited (HKG:1683) Screens Well Here But There Might Be A Catch
Dec 19Hope Life International Holdings' (HKG:1683) Returns On Capital Are Heading Higher
Jun 16Revenues Not Telling The Story For Hope Life International Holdings Limited (HKG:1683) After Shares Rise 36%
Apr 17Hope Life International Holdings (HKG:1683) Has A Pretty Healthy Balance Sheet
Jul 01Hope Life International Holdings (HKG:1683) Will Want To Turn Around Its Return Trends
Apr 29Hope Life International Holdings Limited's (HKG:1683) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Dec 19Financial Position Analysis
Short Term Liabilities: 1683's short term assets (HK$487.0M) exceed its short term liabilities (HK$121.0M).
Long Term Liabilities: 1683 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1683's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 1683's debt to equity ratio has increased from 0% to 19% over the past 5 years.
Debt Coverage: 1683's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1683's interest payments on its debt are well covered by EBIT (4.3x coverage).