Shunten International (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
Shunten International (Holdings) has a total shareholder equity of HK$173.7M and total debt of HK$141.8M, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are HK$358.9M and HK$185.3M respectively. Shunten International (Holdings)'s EBIT is HK$19.4M making its interest coverage ratio 3.5. It has cash and short-term investments of HK$21.2M.
Key information
81.7%
Debt to equity ratio
HK$141.82m
Debt
| Interest coverage ratio | 3.5x |
| Cash | HK$21.20m |
| Equity | HK$173.66m |
| Total liabilities | HK$185.26m |
| Total assets | HK$358.93m |
Recent financial health updates
Does Shunten International (Holdings) (HKG:932) Have A Healthy Balance Sheet?
Mar 28
Shunten International (Holdings) (HKG:932) Takes On Some Risk With Its Use Of Debt
Aug 09Is Shunten International (Holdings) (HKG:932) A Risky Investment?
Feb 20These 4 Measures Indicate That Shunten International (Holdings) (HKG:932) Is Using Debt Extensively
Jul 12Is Shunten International (Holdings) (HKG:932) A Risky Investment?
Aug 09Here's Why Shunten International (Holdings) (HKG:932) Can Manage Its Debt Responsibly
Jan 15
Recent updates
Does Shunten International (Holdings) (HKG:932) Have A Healthy Balance Sheet?
Mar 28Earnings Troubles May Signal Larger Issues for Shunten International (Holdings) (HKG:932) Shareholders
Dec 27Unpleasant Surprises Could Be In Store For Shunten International (Holdings) Limited's (HKG:932) Shares
Sep 13Shunten International (Holdings) (HKG:932) Takes On Some Risk With Its Use Of Debt
Aug 09Is Shunten International (Holdings) (HKG:932) A Risky Investment?
Feb 20Robust Earnings May Not Tell The Whole Story For Shunten International (Holdings) (HKG:932)
Dec 29These 4 Measures Indicate That Shunten International (Holdings) (HKG:932) Is Using Debt Extensively
Jul 12Is Shunten International (Holdings) (HKG:932) A Risky Investment?
Aug 09A Look At The Intrinsic Value Of Shunten International (Holdings) Limited (HKG:932)
Feb 19Here's Why Shunten International (Holdings) (HKG:932) Can Manage Its Debt Responsibly
Jan 15Trade Alert: The Independent Non-Executive Director Of Shunten International (Holdings) Limited (HKG:932), Kin Yip Tam, Has Sold Some Shares Recently
Dec 11Financial Position Analysis
Short Term Liabilities: 932's short term assets (HK$94.4M) do not cover its short term liabilities (HK$176.9M).
Long Term Liabilities: 932's short term assets (HK$94.4M) exceed its long term liabilities (HK$8.4M).
Debt to Equity History and Analysis
Debt Level: 932's net debt to equity ratio (69.5%) is considered high.
Reducing Debt: 932's debt to equity ratio has reduced from 198.1% to 81.7% over the past 5 years.
Debt Coverage: 932's debt is well covered by operating cash flow (22.8%).
Interest Coverage: 932's interest payments on its debt are well covered by EBIT (3.5x coverage).