Well Link Securities Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Well Link Securities Holdings has a total shareholder equity of HK$7.7M and total debt of HK$40.0M, which brings its debt-to-equity ratio to 522.7%. Its total assets and total liabilities are HK$71.7M and HK$64.0M respectively.
Key information
522.7%
Debt to equity ratio
HK$40.00m
Debt
Interest coverage ratio | n/a |
Cash | HK$12.37m |
Equity | HK$7.65m |
Total liabilities | HK$64.02m |
Total assets | HK$71.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8350's short term assets (HK$46.4M) exceed its short term liabilities (HK$21.5M).
Long Term Liabilities: 8350's short term assets (HK$46.4M) exceed its long term liabilities (HK$42.6M).
Debt to Equity History and Analysis
Debt Level: 8350's net debt to equity ratio (361%) is considered high.
Reducing Debt: 8350's debt to equity ratio has increased from 0% to 522.7% over the past 5 years.
Debt Coverage: 8350's debt is well covered by operating cash flow (21.8%).
Interest Coverage: Insufficient data to determine if 8350's interest payments on its debt are well covered by EBIT.