Infinity Development Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Infinity Development Holdings has a total shareholder equity of HK$531.6M and total debt of HK$62.0M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are HK$749.7M and HK$218.1M respectively. Infinity Development Holdings's EBIT is HK$92.0M making its interest coverage ratio -39.1. It has cash and short-term investments of HK$360.3M.
Key information
11.7%
Debt to equity ratio
HK$62.00m
Debt
| Interest coverage ratio | -39.1x |
| Cash | HK$360.32m |
| Equity | HK$531.62m |
| Total liabilities | HK$218.09m |
| Total assets | HK$749.71m |
Recent financial health updates
Recent updates
Infinity Development Holdings' (HKG:640) Dividend Will Be HK$0.041
Feb 20
Infinity Development Holdings (HKG:640) Shareholders Will Want The ROCE Trajectory To Continue
Dec 07Infinity Development Holdings' (HKG:640) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 01A Look At The Intrinsic Value Of Infinity Development Holdings Company Limited (HKG:640)
Dec 01Infinity Development Holdings' (HKG:640) Dividend Is Being Reduced To HK$0.019
May 30We Think Some Shareholders May Hesitate To Increase Infinity Development Holdings Company Limited's (HKG:640) CEO Compensation
Mar 14Infinity Development Holdings (HKG:640) Is Paying Out Less In Dividends Than Last Year
Feb 18Infinity Development Holdings' (HKG:640) Dividend Will Be Reduced To HK$0.028
Feb 03Infinity Development Holdings (HKG:640) Has Announced That Its Dividend Will Be Reduced To HK$0.028
Jan 20Key Things To Consider Before Buying Infinity Development Holdings Company Limited (HKG:640) For Its Dividend
May 10Infinity Development Holdings (HKG:640) Is Looking To Continue Growing Its Returns On Capital
Apr 20A Quick Analysis On Infinity Development Holdings' (HKG:640) CEO Salary
Mar 02Need To Know: Infinity Development Holdings Company Limited (HKG:640) Insiders Have Been Selling Shares
Feb 15
How Does Infinity Development Holdings Company Limited (HKG:640) Fare As A Dividend Stock?
Feb 02Is Infinity Development Holdings (HKG:640) A Risky Investment?
Jan 18Reflecting on Infinity Development Holdings' (HKG:640) Share Price Returns Over The Last Five Years
Dec 31Could The Market Be Wrong About Infinity Development Holdings Company Limited (HKG:640) Given Its Attractive Financial Prospects?
Dec 14Will Infinity Development Holdings (HKG:640) Repeat Its Return Growth Of The Past?
Nov 23Financial Position Analysis
Short Term Liabilities: 640's short term assets (HK$603.9M) exceed its short term liabilities (HK$210.1M).
Long Term Liabilities: 640's short term assets (HK$603.9M) exceed its long term liabilities (HK$8.0M).
Debt to Equity History and Analysis
Debt Level: 640 has more cash than its total debt.
Reducing Debt: 640's debt to equity ratio has increased from 6% to 11.7% over the past 5 years.
Debt Coverage: 640's debt is well covered by operating cash flow (356.8%).
Interest Coverage: 640 earns more interest than it pays, so coverage of interest payments is not a concern.