Shunten International (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
Shunten International (Holdings) has a total shareholder equity of HK$171.6M and total debt of HK$136.9M, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are HK$344.3M and HK$172.7M respectively. Shunten International (Holdings)'s EBIT is HK$26.6M making its interest coverage ratio 3.4. It has cash and short-term investments of HK$12.7M.
Key information
79.8%
Debt to equity ratio
HK$136.87m
Debt
| Interest coverage ratio | 3.4x |
| Cash | HK$12.70m |
| Equity | HK$171.61m |
| Total liabilities | HK$172.73m |
| Total assets | HK$344.33m |
Recent financial health updates
Is Shunten International (Holdings) (HKG:932) A Risky Investment?
Jul 12
Does Shunten International (Holdings) (HKG:932) Have A Healthy Balance Sheet?
Mar 28Shunten 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 09Recent updates
Shunten International (Holdings) Limited (HKG:932) Shares May Have Slumped 36% But Getting In Cheap Is Still Unlikely
Nov 17Shunten International (Holdings) Limited (HKG:932) Stock Rockets 46% As Investors Are Less Pessimistic Than Expected
Oct 02Investors Don't See Light At End Of Shunten International (Holdings) Limited's (HKG:932) Tunnel And Push Stock Down 40%
Aug 07Is Shunten International (Holdings) (HKG:932) A Risky Investment?
Jul 12Does 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 15
Trade 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$86.0M) do not cover its short term liabilities (HK$165.5M).
Long Term Liabilities: 932's short term assets (HK$86.0M) exceed its long term liabilities (HK$7.2M).
Debt to Equity History and Analysis
Debt Level: 932's net debt to equity ratio (72.4%) is considered high.
Reducing Debt: 932's debt to equity ratio has reduced from 181.3% to 79.8% over the past 5 years.
Debt Coverage: 932's debt is well covered by operating cash flow (28.3%).
Interest Coverage: 932's interest payments on its debt are well covered by EBIT (3.4x coverage).