Starlite Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Starlite Holdings has a total shareholder equity of HK$625.1M and total debt of HK$62.0M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are HK$891.4M and HK$266.4M respectively. Starlite Holdings's EBIT is HK$20.6M making its interest coverage ratio 16.6. It has cash and short-term investments of HK$217.6M.
Key information
9.9%
Debt to equity ratio
HK$61.96m
Debt
| Interest coverage ratio | 16.6x |
| Cash | HK$217.63m |
| Equity | HK$625.09m |
| Total liabilities | HK$266.35m |
| Total assets | HK$891.44m |
Recent financial health updates
Does Starlite Holdings (HKG:403) Have A Healthy Balance Sheet?
Jun 28
Starlite Holdings (HKG:403) Could Easily Take On More Debt
Mar 13We Think Starlite Holdings (HKG:403) Is Taking Some Risk With Its Debt
Mar 24We Think Starlite Holdings (HKG:403) Is Taking Some Risk With Its Debt
Dec 24
Recent updates
Returns Are Gaining Momentum At Starlite Holdings (HKG:403)
Aug 28Solid Earnings May Not Tell The Whole Story For Starlite Holdings (HKG:403)
Jul 24Does Starlite Holdings (HKG:403) Have A Healthy Balance Sheet?
Jun 28Starlite Holdings (HKG:403) Could Easily Take On More Debt
Mar 13Starlite Holdings (HKG:403) Shareholders Will Want The ROCE Trajectory To Continue
Jun 30Shareholders Will Probably Hold Off On Increasing Starlite Holdings Limited's (HKG:403) CEO Compensation For The Time Being
Aug 13The Returns On Capital At Starlite Holdings (HKG:403) Don't Inspire Confidence
May 16We Think Starlite Holdings (HKG:403) Is Taking Some Risk With Its Debt
Mar 24Does Starlite Holdings' (HKG:403) Returns On Capital Reflect Well On The Business?
Jan 28We Think Starlite Holdings (HKG:403) Is Taking Some Risk With Its Debt
Dec 24How Does Starlite Holdings' (HKG:403) CEO Pay Compare With Company Performance?
Nov 19Financial Position Analysis
Short Term Liabilities: 403's short term assets (HK$491.4M) exceed its short term liabilities (HK$256.8M).
Long Term Liabilities: 403's short term assets (HK$491.4M) exceed its long term liabilities (HK$9.6M).
Debt to Equity History and Analysis
Debt Level: 403 has more cash than its total debt.
Reducing Debt: 403's debt to equity ratio has reduced from 45.7% to 9.9% over the past 5 years.
Debt Coverage: 403's debt is well covered by operating cash flow (64.2%).
Interest Coverage: 403's interest payments on its debt are well covered by EBIT (16.6x coverage).