Goldin Financial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Goldin Financial Holdings has a total shareholder equity of HK$10.4B and total debt of HK$6.6B, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are HK$17.9B and HK$7.5B respectively.
Key information
63.3%
Debt to equity ratio
HK$6.56b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$6.25b |
| Equity | HK$10.37b |
| Total liabilities | HK$7.52b |
| Total assets | HK$17.89b |
Financial Position Analysis
Short Term Liabilities: 530's short term assets (HK$13.1B) exceed its short term liabilities (HK$7.5B).
Long Term Liabilities: 530's short term assets (HK$13.1B) exceed its long term liabilities (HK$28.7M).
Debt to Equity History and Analysis
Debt Level: 530's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 530's debt to equity ratio has reduced from 64.7% to 63.3% over the past 5 years.
Debt Coverage: 530's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530's interest payments on its debt are well covered by EBIT.