King International Investment Balance Sheet Health
Financial Health criteria checks 4/6
King International Investment has a total shareholder equity of HK$266.0M and total debt of HK$2.5M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are HK$336.1M and HK$70.1M respectively. King International Investment's EBIT is HK$17.6M making its interest coverage ratio 88.6. It has cash and short-term investments of HK$473.0K.
Key information
0.9%
Debt to equity ratio
HK$2.50m
Debt
| Interest coverage ratio | 88.6x |
| Cash | HK$473.00k |
| Equity | HK$266.05m |
| Total liabilities | HK$70.09m |
| Total assets | HK$336.13m |
Recent financial health updates
Recent updates
King International Investment's (HKG:928) Performance Raises Some Questions
Aug 07
King International Investment Limited (HKG:928) Might Not Be As Mispriced As It Looks After Plunging 26%
Dec 21Benign Growth For Life Healthcare Group Limited (HKG:928) Underpins Stock's 43% Plummet
Jul 13Life Healthcare Group (HKG:928) Is Looking To Continue Growing Its Returns On Capital
Oct 28Financial Position Analysis
Short Term Liabilities: 928's short term assets (HK$330.7M) exceed its short term liabilities (HK$67.7M).
Long Term Liabilities: 928's short term assets (HK$330.7M) exceed its long term liabilities (HK$2.4M).
Debt to Equity History and Analysis
Debt Level: 928's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 928's debt to equity ratio has increased from 0% to 0.9% over the past 5 years.
Debt Coverage: 928's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 928's interest payments on its debt are well covered by EBIT (88.6x coverage).