Hung Fook Tong Group Holdings Financial Health
How is Hung Fook Tong Group Holdings's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 1446's short term assets (HK$258.9M) do not cover its short term liabilities (HK$382.3M).
Long Term Liabilities: 1446's short term assets (HK$258.9M) exceed its long term liabilities (HK$64.9M).
Debt to Equity History and Analysis
Debt Level: 1446 has more cash than its total debt.
Reducing Debt: 1446's debt to equity ratio has reduced from 24.5% to 10.3% over the past 5 years.
Debt Coverage: 1446's debt is well covered by operating cash flow (352%).
Interest Coverage: Insufficient data to determine if 1446's interest payments on its debt are well covered by EBIT.