Kato (Hong Kong) Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Kato (Hong Kong) Holdings has a total shareholder equity of HK$371.8M and total debt of HK$116.7M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are HK$696.4M and HK$324.6M respectively. Kato (Hong Kong) Holdings's EBIT is HK$105.5M making its interest coverage ratio 11.2. It has cash and short-term investments of HK$75.3M.
Key information
31.4%
Debt to equity ratio
HK$116.66m
Debt
| Interest coverage ratio | 11.2x |
| Cash | HK$75.31m |
| Equity | HK$371.84m |
| Total liabilities | HK$324.55m |
| Total assets | HK$696.39m |
Recent financial health updates
No updates
Recent updates
Why Kato (Hong Kong) Holdings' (HKG:2189) Shaky Earnings Are Just The Beginning Of Its Problems
Dec 27
Kato (Hong Kong) Holdings' (HKG:2189) Dividend Will Be Reduced To HK$0.022
Aug 04Kato (Hong Kong) Holdings (HKG:2189) Is Paying Out Less In Dividends Than Last Year
Jul 21Kato (Hong Kong) Holdings' (HKG:2189) Dividend Is Being Reduced To HK$0.022
Jun 28Kato (Hong Kong) Holdings (HKG:2189) Has Announced That It Will Be Increasing Its Dividend To HK$0.022
Nov 18Kato (Hong Kong) Holdings (HKG:2189) Is Increasing Its Dividend To HK$0.025
Aug 09Kato (Hong Kong) Holdings (HKG:2189) Will Pay A Larger Dividend Than Last Year At HK$0.025
Jul 13Kato (Hong Kong) Holdings (HKG:2189) Will Pay A Larger Dividend Than Last Year At HK$0.025
Jun 29Kato (Hong Kong) Holdings (HKG:2189) Will Pay A Dividend Of HK$0.02
Dec 01Kato (Hong Kong) Holdings (HKG:2189) Is Due To Pay A Dividend Of HK$0.02
Aug 21Kato (Hong Kong) Holdings (HKG:2189) Is Due To Pay A Dividend Of HK$0.02
Jun 18Should You Be Adding Kato (Hong Kong) Holdings (HKG:2189) To Your Watchlist Today?
May 30Is Kato (Hong Kong) Holdings Limited (HKG:2189) A Smart Choice For Dividend Investors?
May 04Insider Buying: The Kato (Hong Kong) Holdings Limited (HKG:2189) CEO & Executive Chairman of the Board Just Bought HK$336k Worth Of Shares
Mar 02Is Now The Time To Put Kato (Hong Kong) Holdings (HKG:2189) On Your Watchlist?
Feb 11
What To Know Before Buying Kato (Hong Kong) Holdings Limited (HKG:2189) For Its Dividend
Jan 07Kato (Hong Kong) Holdings (HKG:2189) Could Be A Buy For Its Upcoming Dividend
Dec 02Financial Position Analysis
Short Term Liabilities: 2189's short term assets (HK$102.4M) exceed its short term liabilities (HK$79.3M).
Long Term Liabilities: 2189's short term assets (HK$102.4M) do not cover its long term liabilities (HK$245.2M).
Debt to Equity History and Analysis
Debt Level: 2189's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 2189's debt to equity ratio has reduced from 71.1% to 31.4% over the past 5 years.
Debt Coverage: 2189's debt is well covered by operating cash flow (120.3%).
Interest Coverage: 2189's interest payments on its debt are well covered by EBIT (11.2x coverage).