K Cash Fintech Balance Sheet Health
Financial Health criteria checks 3/6
K Cash Fintech has a total shareholder equity of HK$880.9M and total debt of HK$342.6M, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are HK$1.2B and HK$360.7M respectively.
Key information
38.9%
Debt to equity ratio
HK$342.64m
Debt
Interest coverage ratio | n/a |
Cash | HK$218.37m |
Equity | HK$880.89m |
Total liabilities | HK$360.71m |
Total assets | HK$1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2483's short term assets (HK$1.2B) exceed its short term liabilities (HK$330.8M).
Long Term Liabilities: 2483's short term assets (HK$1.2B) exceed its long term liabilities (HK$29.9M).
Debt to Equity History and Analysis
Debt Level: 2483's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 2483's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2483's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: Insufficient data to determine if 2483's interest payments on its debt are well covered by EBIT.