Starlite Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Starlite Holdings has a total shareholder equity of HK$644.9M and total debt of HK$39.6M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are HK$936.6M and HK$291.7M respectively. Starlite Holdings's EBIT is HK$21.8M making its interest coverage ratio 56. It has cash and short-term investments of HK$167.9M.
Key information
6.1%
Debt to equity ratio
HK$39.62m
Debt
| Interest coverage ratio | 56x |
| Cash | HK$167.87m |
| Equity | HK$644.87m |
| Total liabilities | HK$291.69m |
| Total assets | HK$936.56m |
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$535.4M) exceed its short term liabilities (HK$283.8M).
Long Term Liabilities: 403's short term assets (HK$535.4M) exceed its long term liabilities (HK$7.9M).
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 34.6% to 6.1% over the past 5 years.
Debt Coverage: 403's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 403's interest payments on its debt are well covered by EBIT (56x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:40 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Starlite Holdings Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | CGS International |