United Energy Group Balance Sheet Health
Financial Health criteria checks 5/6
United Energy Group has a total shareholder equity of HK$12.8B and total debt of HK$2.8B, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are HK$25.8B and HK$13.0B respectively. United Energy Group's EBIT is HK$3.2B making its interest coverage ratio 62.6. It has cash and short-term investments of HK$3.7B.
Key information
21.8%
Debt to equity ratio
HK$2.79b
Debt
Interest coverage ratio | 62.6x |
Cash | HK$3.67b |
Equity | HK$12.84b |
Total liabilities | HK$12.99b |
Total assets | HK$25.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 467's short term assets (HK$11.7B) exceed its short term liabilities (HK$9.0B).
Long Term Liabilities: 467's short term assets (HK$11.7B) exceed its long term liabilities (HK$4.0B).
Debt to Equity History and Analysis
Debt Level: 467 has more cash than its total debt.
Reducing Debt: 467's debt to equity ratio has increased from 5.7% to 21.8% over the past 5 years.
Debt Coverage: 467's debt is well covered by operating cash flow (268.2%).
Interest Coverage: 467's interest payments on its debt are well covered by EBIT (62.6x coverage).