Wealthink AI-Innovation Capital Balance Sheet Health
Financial Health criteria checks 3/6
Wealthink AI-Innovation Capital has a total shareholder equity of HK$9.9B and total debt of HK$1.2B, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are HK$11.1B and HK$1.3B respectively. Wealthink AI-Innovation Capital's EBIT is HK$191.6M making its interest coverage ratio 2.2. It has cash and short-term investments of HK$5.2B.
Key information
11.9%
Debt to equity ratio
HK$1.18b
Debt
| Interest coverage ratio | 2.2x |
| Cash | HK$5.20b |
| Equity | HK$9.87b |
| Total liabilities | HK$1.27b |
| Total assets | HK$11.14b |
Recent financial health updates
No updates
Recent updates
What Kind Of Investors Own Most Of Wealthking Investments Limited (HKG:1140)?
Mar 18
Wealthking Investments' (HKG:1140) Shareholders Are Down 71% On Their Shares
Feb 11Zhiwei Liu Is The Executive Chairman of the Board of Wealthking Investments Limited (HKG:1140) And They Just Picked Up 65% More Shares
Jan 07What Type Of Shareholders Make Up OP Financial Limited's (HKG:1140) Share Registry?
Dec 15Financial Position Analysis
Short Term Liabilities: 1140's short term assets (HK$5.5B) exceed its short term liabilities (HK$1.3B).
Long Term Liabilities: 1140's short term assets (HK$5.5B) exceed its long term liabilities (HK$8.2M).
Debt to Equity History and Analysis
Debt Level: 1140 has more cash than its total debt.
Reducing Debt: 1140's debt to equity ratio has increased from 6.7% to 11.9% over the past 5 years.
Debt Coverage: 1140's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1140's interest payments on its debt are not well covered by EBIT (2.2x coverage).