1957 (Hospitality) Balance Sheet Health
Financial Health criteria checks 3/6
1957 (Hospitality) has a total shareholder equity of HK$69.2M and total debt of HK$46.8M, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are HK$303.3M and HK$234.1M respectively. 1957 (Hospitality)'s EBIT is HK$18.4M making its interest coverage ratio 2.1. It has cash and short-term investments of HK$62.3M.
Key information
67.6%
Debt to equity ratio
HK$46.82m
Debt
| Interest coverage ratio | 2.1x |
| Cash | HK$62.33m |
| Equity | HK$69.21m |
| Total liabilities | HK$234.12m |
| Total assets | HK$303.33m |
Recent financial health updates
We Think 1957 (Hospitality) (HKG:8495) Can Manage Its Debt With Ease
May 31
1957 (Hospitality) (HKG:8495) Seems To Use Debt Quite Sensibly
Dec 15Here's Why 1957 (Hospitality) (HKG:8495) Can Manage Its Debt Responsibly
Aug 09Does 1957 (Hospitality) (HKG:8495) Have A Healthy Balance Sheet?
Nov 17Recent updates
Improved Revenues Required Before 1957 & Co. (Hospitality) Limited (HKG:8495) Stock's 29% Jump Looks Justified
Oct 17What 1957 & Co. (Hospitality) Limited's (HKG:8495) P/S Is Not Telling You
Aug 14We Think 1957 (Hospitality) (HKG:8495) Can Manage Its Debt With Ease
May 311957 (Hospitality)'s (HKG:8495) Returns On Capital Are Heading Higher
Mar 161957 (Hospitality) (HKG:8495) Seems To Use Debt Quite Sensibly
Dec 151957 (Hospitality) (HKG:8495) Shareholders Will Want The ROCE Trajectory To Continue
Oct 06Here's Why 1957 (Hospitality) (HKG:8495) Can Manage Its Debt Responsibly
Aug 091957 (Hospitality) (HKG:8495) Will Be Hoping To Turn Its Returns On Capital Around
Jun 07Does 1957 (Hospitality)'s (HKG:8495) CEO Salary Compare Well With Industry Peers?
Dec 22
Does 1957 (Hospitality) (HKG:8495) Have A Healthy Balance Sheet?
Nov 17Financial Position Analysis
Short Term Liabilities: 8495's short term assets (HK$96.0M) do not cover its short term liabilities (HK$148.7M).
Long Term Liabilities: 8495's short term assets (HK$96.0M) exceed its long term liabilities (HK$85.4M).
Debt to Equity History and Analysis
Debt Level: 8495 has more cash than its total debt.
Reducing Debt: 8495's debt to equity ratio has increased from 25.7% to 67.6% over the past 5 years.
Debt Coverage: 8495's debt is well covered by operating cash flow (295.9%).
Interest Coverage: 8495's interest payments on its debt are not well covered by EBIT (2.1x coverage).