Vico International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Vico International Holdings has a total shareholder equity of HK$215.4M and total debt of HK$42.9M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are HK$279.6M and HK$64.2M respectively. Vico International Holdings's EBIT is HK$15.9M making its interest coverage ratio 16.6. It has cash and short-term investments of HK$54.7M.
Key information
19.9%
Debt to equity ratio
HK$42.88m
Debt
| Interest coverage ratio | 16.6x |
| Cash | HK$54.66m |
| Equity | HK$215.39m |
| Total liabilities | HK$64.23m |
| Total assets | HK$279.62m |
Recent financial health updates
Vico International Holdings (HKG:1621) Seems To Use Debt Rather Sparingly
Mar 15
Does Vico International Holdings (HKG:1621) Have A Healthy Balance Sheet?
Dec 02These 4 Measures Indicate That Vico International Holdings (HKG:1621) Is Using Debt Reasonably Well
Jun 30Is Vico International Holdings (HKG:1621) Using Too Much Debt?
Mar 07We Think Vico International Holdings (HKG:1621) Can Manage Its Debt With Ease
Dec 03Does Vico International Holdings (HKG:1621) Have A Healthy Balance Sheet?
Dec 21
Recent updates
Vico International Holdings (HKG:1621) Seems To Use Debt Rather Sparingly
Mar 15We Think You Should Be Aware Of Some Concerning Factors In Vico International Holdings' (HKG:1621) Earnings
Dec 28Does Vico International Holdings (HKG:1621) Have A Healthy Balance Sheet?
Dec 02Some Investors May Be Worried About Vico International Holdings' (HKG:1621) Returns On Capital
Sep 13These 4 Measures Indicate That Vico International Holdings (HKG:1621) Is Using Debt Reasonably Well
Jun 30Is Vico International Holdings (HKG:1621) Using Too Much Debt?
Mar 07We Think Vico International Holdings (HKG:1621) Can Manage Its Debt With Ease
Dec 03We Think Shareholders Are Less Likely To Approve A Pay Rise For Vico International Holdings Limited's (HKG:1621) CEO For Now
Aug 30Are Vico International Holdings' (HKG:1621) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 12Does Vico International Holdings (HKG:1621) Have A Healthy Balance Sheet?
Dec 21Financial Position Analysis
Short Term Liabilities: 1621's short term assets (HK$142.3M) exceed its short term liabilities (HK$61.9M).
Long Term Liabilities: 1621's short term assets (HK$142.3M) exceed its long term liabilities (HK$2.3M).
Debt to Equity History and Analysis
Debt Level: 1621 has more cash than its total debt.
Reducing Debt: 1621's debt to equity ratio has increased from 9.1% to 19.9% over the past 5 years.
Debt Coverage: 1621's debt is well covered by operating cash flow (46.2%).
Interest Coverage: 1621's interest payments on its debt are well covered by EBIT (16.6x coverage).