Hope Life International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Hope Life International Holdings has a total shareholder equity of HK$363.5M and total debt of HK$73.7M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are HK$480.9M and HK$117.4M respectively. Hope Life International Holdings's EBIT is HK$14.9M making its interest coverage ratio 2.3. It has cash and short-term investments of HK$200.9M.
Key information
20.3%
Debt to equity ratio
HK$73.65m
Debt
| Interest coverage ratio | 2.3x |
| Cash | HK$200.94m |
| Equity | HK$363.47m |
| Total liabilities | HK$117.43m |
| Total assets | HK$480.90m |
Recent financial health updates
Recent updates
Take Care Before Jumping Onto Hope Life International Holdings Limited (HKG:1683) Even Though It's 27% Cheaper
Apr 12
Slammed 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$455.9M) exceed its short term liabilities (HK$117.4M).
Long Term Liabilities: 1683 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1683 has more cash than its total debt.
Reducing Debt: 1683's debt to equity ratio has increased from 0% to 20.3% 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 not well covered by EBIT (2.3x coverage).