Future World Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Future World Holdings has a total shareholder equity of HK$813.1M and total debt of HK$424.1M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are HK$1.4B and HK$573.8M respectively. Future World Holdings's EBIT is HK$15.1M making its interest coverage ratio 0.9. It has cash and short-term investments of HK$234.3M.
Key information
52.2%
Debt to equity ratio
HK$424.09m
Debt
| Interest coverage ratio | 0.9x |
| Cash | HK$234.28m |
| Equity | HK$813.12m |
| Total liabilities | HK$573.76m |
| Total assets | HK$1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 572's short term assets (HK$528.8M) do not cover its short term liabilities (HK$573.6M).
Long Term Liabilities: 572's short term assets (HK$528.8M) exceed its long term liabilities (HK$176.0K).
Debt to Equity History and Analysis
Debt Level: 572's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: 572's debt to equity ratio has increased from 47.5% to 52.2% over the past 5 years.
Debt Coverage: 572's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 572's interest payments on its debt are not well covered by EBIT (0.9x coverage).