Vedan International (Holdings) Limited

SEHK:2317 Stock Report

Market Cap: HK$761.4m

Vedan International (Holdings) Balance Sheet Health

Financial Health criteria checks 5/6

Vedan International (Holdings) has a total shareholder equity of $294.8M and total debt of $43.7M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are $383.5M and $88.7M respectively. Vedan International (Holdings)'s EBIT is $14.0M making its interest coverage ratio 7.8. It has cash and short-term investments of $50.4M.

Key information

14.8%

Debt to equity ratio

US$43.65m

Debt

Interest coverage ratio7.8x
CashUS$50.36m
EquityUS$294.78m
Total liabilitiesUS$88.73m
Total assetsUS$383.51m

Recent financial health updates

Recent updates

Is Vedan International (Holdings) (HKG:2317) Using Too Much Debt?

Aug 24
Is Vedan International (Holdings) (HKG:2317) Using Too Much Debt?

Vedan International (Holdings) (HKG:2317) Has A Somewhat Strained Balance Sheet

Sep 24
Vedan International (Holdings) (HKG:2317) Has A Somewhat Strained Balance Sheet

Calculating The Fair Value Of Vedan International (Holdings) Limited (HKG:2317)

Jul 21
Calculating The Fair Value Of Vedan International (Holdings) Limited (HKG:2317)

Returns On Capital Are Showing Encouraging Signs At Vedan International (Holdings) (HKG:2317)

May 16
Returns On Capital Are Showing Encouraging Signs At Vedan International (Holdings) (HKG:2317)

We Think Vedan International (Holdings) (HKG:2317) Can Manage Its Debt With Ease

Apr 19
We Think Vedan International (Holdings) (HKG:2317) Can Manage Its Debt With Ease

Is There More Growth In Store For Vedan International (Holdings)'s (HKG:2317) Returns On Capital?

Feb 15
Is There More Growth In Store For Vedan International (Holdings)'s (HKG:2317) Returns On Capital?

Does Vedan International (Holdings)'s (HKG:2317) Statutory Profit Adequately Reflect Its Underlying Profit?

Jan 19
Does Vedan International (Holdings)'s (HKG:2317) Statutory Profit Adequately Reflect Its Underlying Profit?

Vedan International (Holdings) (HKG:2317) Has A Pretty Healthy Balance Sheet

Dec 24
Vedan International (Holdings) (HKG:2317) Has A Pretty Healthy Balance Sheet

Does Vedan International (Holdings)'s (HKG:2317) CEO Salary Compare Well With Industry Peers?

Dec 06
Does Vedan International (Holdings)'s (HKG:2317) CEO Salary Compare Well With Industry Peers?

Did You Participate In Any Of Vedan International (Holdings)'s (HKG:2317) Fantastic 139% Return ?

Nov 18
Did You Participate In Any Of Vedan International (Holdings)'s (HKG:2317) Fantastic 139% Return ?

Financial Position Analysis

Short Term Liabilities: 2317's short term assets ($232.7M) exceed its short term liabilities ($82.4M).

Long Term Liabilities: 2317's short term assets ($232.7M) exceed its long term liabilities ($6.4M).


Debt to Equity History and Analysis

Debt Level: 2317 has more cash than its total debt.

Reducing Debt: 2317's debt to equity ratio has increased from 12.6% to 14.8% over the past 5 years.

Debt Coverage: 2317's debt is well covered by operating cash flow (73.7%).

Interest Coverage: 2317's interest payments on its debt are well covered by EBIT (7.8x coverage).


Balance Sheet


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