Hong Kong Exchanges and Clearing Balance Sheet Health
Financial Health criteria checks 5/6
Hong Kong Exchanges and Clearing has a total shareholder equity of HK$51.1B and total debt of HK$450.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are HK$485.5B and HK$434.3B respectively. Hong Kong Exchanges and Clearing's EBIT is HK$13.8B making its interest coverage ratio 208.5. It has cash and short-term investments of HK$269.2B.
Key information
0.9%
Debt to equity ratio
HK$450.00m
Debt
| Interest coverage ratio | 208.5x |
| Cash | HK$269.25b |
| Equity | HK$51.12b |
| Total liabilities | HK$434.33b |
| Total assets | HK$485.46b |
Recent financial health updates
No updates
Recent updates
Hong Kong Exchanges and Clearing Limited (HKG:388) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year
Oct 25
Hong Kong Exchanges and Clearing Limited's (HKG:388) Shares Climb 33% But Its Business Is Yet to Catch Up
Sep 27Hong Kong Exchanges and Clearing Limited's (HKG:388) Shares Climb 25% But Its Business Is Yet to Catch Up
May 13Hong Kong Exchanges and Clearing (HKG:388) Has Announced A Dividend Of HK$3.91
Mar 03Investor Optimism Abounds Hong Kong Exchanges and Clearing Limited (HKG:388) But Growth Is Lacking
Dec 18Hong Kong Exchanges and Clearing's (HKG:388) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 18Hong Kong Exchanges and Clearing's (HKG:388) Dividend Will Be Reduced To HK$3.69
Feb 26Hong Kong Exchanges and Clearing (HKG:388) Is Paying Out Less In Dividends Than Last Year
Aug 19Hong Kong Exchanges and Clearing (HKG:388) Is Reducing Its Dividend To HK$4.18
Feb 27Should You Be Adding Hong Kong Exchanges and Clearing (HKG:388) To Your Watchlist Today?
Dec 22I Ran A Stock Scan For Earnings Growth And Hong Kong Exchanges and Clearing (HKG:388) Passed With Ease
Sep 23Hong Kong Exchanges and Clearing (HKG:388) Is Increasing Its Dividend To HK$4.69
Aug 13I Ran A Stock Scan For Earnings Growth And Hong Kong Exchanges and Clearing (HKG:388) Passed With Ease
Jun 23If You Like EPS Growth Then Check Out Hong Kong Exchanges and Clearing (HKG:388) Before It's Too Late
Mar 25Just Four Days Till Hong Kong Exchanges and Clearing Limited (HKG:388) Will Be Trading Ex-Dividend
Mar 04Should Hong Kong Exchanges and Clearing Limited (HKG:388) Be Part Of Your Dividend Portfolio?
Mar 01Financial Position Analysis
Short Term Liabilities: 388's short term assets (HK$415.3B) do not cover its short term liabilities (HK$431.4B).
Long Term Liabilities: 388's short term assets (HK$415.3B) exceed its long term liabilities (HK$2.9B).
Debt to Equity History and Analysis
Debt Level: 388 has more cash than its total debt.
Reducing Debt: 388's debt to equity ratio has reduced from 1% to 0.9% over the past 5 years.
Debt Coverage: 388's debt is well covered by operating cash flow (2581.3%).
Interest Coverage: 388's interest payments on its debt are well covered by EBIT (208.5x coverage).