Four Seas Mercantile Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Four Seas Mercantile Holdings has a total shareholder equity of HK$1.2B and total debt of HK$953.7M, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are HK$3.0B and HK$1.8B respectively. Four Seas Mercantile Holdings's EBIT is HK$67.9M making its interest coverage ratio 2.6. It has cash and short-term investments of HK$646.6M.
Key information
76.5%
Debt to equity ratio
HK$953.74m
Debt
| Interest coverage ratio | 2.6x |
| Cash | HK$646.61m |
| Equity | HK$1.25b |
| Total liabilities | HK$1.76b |
| Total assets | HK$3.01b |
Recent financial health updates
Recent updates
Four Seas Mercantile Holdings' (HKG:374) Soft Earnings Are Actually Better Than They Appear
Jan 04
Four Seas Mercantile Holdings (HKG:374) Is Due To Pay A Dividend Of HK$0.03
Dec 04Four Seas Mercantile Holdings (HKG:374) Has Announced A Dividend Of HK$0.065
Aug 28Four Seas Mercantile Holdings (HKG:374) Is Due To Pay A Dividend Of HK$0.065
Jul 29Four Seas Mercantile Holdings (HKG:374) Is Due To Pay A Dividend Of HK$0.065
Jul 03Four Seas Mercantile Holdings (HKG:374) Is Due To Pay A Dividend Of HK$0.065
Aug 30Four Seas Mercantile Holdings (HKG:374) Will Pay A Dividend Of HK$0.065
Aug 02Four Seas Mercantile Holdings' (HKG:374) Dividend Will Be HK$0.065
Jul 03Four Seas Mercantile Holdings (HKG:374) Will Be Hoping To Turn Its Returns On Capital Around
Apr 26Should You Or Shouldn't You: A Dividend Analysis on Four Seas Mercantile Holdings Limited (HKG:374)
Mar 22How Much Did Four Seas Mercantile Holdings'(HKG:374) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 21Here's Why Four Seas Mercantile Holdings (HKG:374) Has A Meaningful Debt Burden
Jan 25
Returns On Capital At Four Seas Mercantile Holdings (HKG:374) Paint An Interesting Picture
Dec 30Do These 3 Checks Before Buying Four Seas Mercantile Holdings Limited (HKG:374) For Its Upcoming Dividend
Dec 09Here's How We Evaluate Four Seas Mercantile Holdings Limited's (HKG:374) Dividend
Dec 07Financial Position Analysis
Short Term Liabilities: 374's short term assets (HK$1.8B) exceed its short term liabilities (HK$1.5B).
Long Term Liabilities: 374's short term assets (HK$1.8B) exceed its long term liabilities (HK$220.6M).
Debt to Equity History and Analysis
Debt Level: 374's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: 374's debt to equity ratio has increased from 48.6% to 76.5% over the past 5 years.
Debt Coverage: 374's debt is well covered by operating cash flow (27.8%).
Interest Coverage: 374's interest payments on its debt are not well covered by EBIT (2.6x coverage).