Altus Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Altus Holdings has a total shareholder equity of HK$388.9M and total debt of HK$152.9M, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are HK$584.4M and HK$195.5M respectively.
Key information
39.3%
Debt to equity ratio
HK$152.88m
Debt
Interest coverage ratio | n/a |
Cash | HK$33.91m |
Equity | HK$388.94m |
Total liabilities | HK$195.50m |
Total assets | HK$584.44m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8149's short term assets (HK$37.7M) do not cover its short term liabilities (HK$71.6M).
Long Term Liabilities: 8149's short term assets (HK$37.7M) do not cover its long term liabilities (HK$123.9M).
Debt to Equity History and Analysis
Debt Level: 8149's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: 8149's debt to equity ratio has reduced from 44.3% to 39.3% over the past 5 years.
Debt Coverage: 8149's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: Insufficient data to determine if 8149's interest payments on its debt are well covered by EBIT.