Well Link Securities Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Well Link Securities Holdings has a total shareholder equity of HK$6.5M and total debt of HK$40.0M, which brings its debt-to-equity ratio to 612.4%. Its total assets and total liabilities are HK$52.0M and HK$45.5M respectively.
Key information
612.4%
Debt to equity ratio
HK$40.00m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$12.51m |
| Equity | HK$6.53m |
| Total liabilities | HK$45.46m |
| Total assets | HK$51.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8350's short term assets (HK$39.1M) do not cover its short term liabilities (HK$45.5M).
Long Term Liabilities: 8350 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8350's net debt to equity ratio (420.9%) is considered high.
Reducing Debt: 8350's debt to equity ratio has increased from 0% to 612.4% over the past 5 years.
Debt Coverage: 8350's debt is well covered by operating cash flow (26%).
Interest Coverage: Insufficient data to determine if 8350's interest payments on its debt are well covered by EBIT.