Sinopec Kantons Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Sinopec Kantons Holdings has a total shareholder equity of HK$15.5B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$16.0B and HK$510.5M respectively. Sinopec Kantons Holdings's EBIT is HK$127.6M making its interest coverage ratio -0.4. It has cash and short-term investments of HK$5.8B.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -0.4x |
| Cash | HK$5.83b |
| Equity | HK$15.52b |
| Total liabilities | HK$510.49m |
| Total assets | HK$16.03b |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At Sinopec Kantons Holdings (HKG:934) Aren't Ideal
May 22
Sinopec Kantons Holdings (HKG:934) Is Due To Pay A Dividend Of HK$0.12
Apr 04Sinopec Kantons Holdings' (HKG:934) Profits Appear To Have Quality Issues
Apr 07Estimating The Fair Value Of Sinopec Kantons Holdings Limited (HKG:934)
Mar 17What Do The Returns On Capital At Sinopec Kantons Holdings (HKG:934) Tell Us?
Feb 17
What Type Of Returns Would Sinopec Kantons Holdings'(HKG:934) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 27Is Sinopec Kantons Holdings Limited (HKG:934) A Smart Choice For Dividend Investors?
Jan 06Calculating The Fair Value Of Sinopec Kantons Holdings Limited (HKG:934)
Dec 16How Much Is Sinopec Kantons Holdings' (HKG:934) CEO Getting Paid?
Nov 26Financial Position Analysis
Short Term Liabilities: 934's short term assets (HK$6.8B) exceed its short term liabilities (HK$228.7M).
Long Term Liabilities: 934's short term assets (HK$6.8B) exceed its long term liabilities (HK$281.8M).
Debt to Equity History and Analysis
Debt Level: 934 is debt free.
Reducing Debt: 934 has no debt compared to 5 years ago when its debt to equity ratio was 31.4%.
Debt Coverage: 934 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 934 has no debt, therefore coverage of interest payments is not a concern.