Shun Ho Property Investments Balance Sheet Health
Financial Health criteria checks 3/6
Shun Ho Property Investments has a total shareholder equity of HK$8.6B and total debt of HK$1.0B, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are HK$9.9B and HK$1.3B respectively. Shun Ho Property Investments's EBIT is HK$107.8M making its interest coverage ratio 1.8. It has cash and short-term investments of HK$334.5M.
Key information
12.0%
Debt to equity ratio
HK$1.03b
Debt
| Interest coverage ratio | 1.8x |
| Cash | HK$334.48m |
| Equity | HK$8.56b |
| Total liabilities | HK$1.34b |
| Total assets | HK$9.90b |
Recent financial health updates
Is Shun Ho Property Investments (HKG:219) Using Too Much Debt?
Jun 05
Here's Why Shun Ho Property Investments (HKG:219) Can Manage Its Debt Responsibly
Sep 26Shun Ho Property Investments (HKG:219) Has A Pretty Healthy Balance Sheet
Apr 29We Think Shun Ho Property Investments (HKG:219) Is Taking Some Risk With Its Debt
Apr 25Is Shun Ho Property Investments (HKG:219) A Risky Investment?
Dec 07
Recent updates
Is Shun Ho Property Investments (HKG:219) Using Too Much Debt?
Jun 05Returns On Capital At Shun Ho Property Investments (HKG:219) Have Hit The Brakes
Dec 09Here's Why Shun Ho Property Investments (HKG:219) Can Manage Its Debt Responsibly
Sep 26Shun Ho Property Investments (HKG:219) Has A Pretty Healthy Balance Sheet
Apr 29We Think Shun Ho Property Investments (HKG:219) Is Taking Some Risk With Its Debt
Apr 25Will Shun Ho Property Investments (HKG:219) Multiply In Value Going Forward?
Mar 22Shun Ho Property Investments (HKG:219) Share Prices Have Dropped 52% In The Last Three Years
Jan 29Is Shun Ho Property Investments (HKG:219) A Risky Investment?
Dec 07Financial Position Analysis
Short Term Liabilities: 219's short term assets (HK$372.5M) exceed its short term liabilities (HK$249.2M).
Long Term Liabilities: 219's short term assets (HK$372.5M) do not cover its long term liabilities (HK$1.1B).
Debt to Equity History and Analysis
Debt Level: 219's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: 219's debt to equity ratio has reduced from 13.1% to 12% over the past 5 years.
Debt Coverage: 219's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 219's interest payments on its debt are not well covered by EBIT (1.8x coverage).