Somerley Capital Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Somerley Capital Holdings has a total shareholder equity of HK$80.4M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$93.0M and HK$12.6M respectively. Somerley Capital Holdings's EBIT is HK$3.1M making its interest coverage ratio 8.8. It has cash and short-term investments of HK$68.3M.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | 8.8x |
Cash | HK$68.28m |
Equity | HK$80.39m |
Total liabilities | HK$12.58m |
Total assets | HK$92.97m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8439's short term assets (HK$82.9M) exceed its short term liabilities (HK$8.8M).
Long Term Liabilities: 8439's short term assets (HK$82.9M) exceed its long term liabilities (HK$3.7M).
Debt to Equity History and Analysis
Debt Level: 8439 is debt free.
Reducing Debt: 8439 had no debt 5 years ago.
Debt Coverage: 8439 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8439 has no debt, therefore coverage of interest payments is not a concern.