Lee & Man Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Lee & Man Chemical has a total shareholder equity of HK$5.8B and total debt of HK$671.8M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are HK$7.0B and HK$1.2B respectively. Lee & Man Chemical's EBIT is HK$473.3M making its interest coverage ratio 13.6. It has cash and short-term investments of HK$263.7M.
Key information
11.6%
Debt to equity ratio
HK$671.77m
Debt
| Interest coverage ratio | 13.6x |
| Cash | HK$263.67m |
| Equity | HK$5.80b |
| Total liabilities | HK$1.23b |
| Total assets | HK$7.03b |
Recent financial health updates
Lee & Man Chemical (HKG:746) Seems To Use Debt Quite Sensibly
Mar 30
Does Lee & Man Chemical (HKG:746) Have A Healthy Balance Sheet?
Aug 10Lee & Man Chemical (HKG:746) Has A Rock Solid Balance Sheet
Sep 27These 4 Measures Indicate That Lee & Man Chemical (HKG:746) Is Using Debt Extensively
Apr 05Recent updates
Lee & Man Chemical (HKG:746) Will Pay A Dividend Of HK$0.14
Apr 25Lee & Man Chemical (HKG:746) Has Announced A Dividend Of HK$0.14
Apr 09Lee & Man Chemical's (HKG:746) Dividend Will Be HK$0.14
Mar 12Some Investors May Be Worried About Lee & Man Chemical's (HKG:746) Returns On Capital
Aug 10Lee & Man Chemical (HKG:746) Seems To Use Debt Quite Sensibly
Mar 30Returns on Capital Paint A Bright Future For Lee & Man Chemical (HKG:746)
Feb 23With EPS Growth And More, Lee & Man Chemical (HKG:746) Makes An Interesting Case
Nov 08Does Lee & Man Chemical (HKG:746) Have A Healthy Balance Sheet?
Aug 10Is Now The Time To Put Lee & Man Chemical (HKG:746) On Your Watchlist?
Jul 07Lee & Man Chemical's (HKG:746) Upcoming Dividend Will Be Larger Than Last Year's
Apr 28Lee & Man Chemical (HKG:746) Is Paying Out A Larger Dividend Than Last Year
Apr 07Lee & Man Chemical's (HKG:746) Dividend Will Be Increased To HK$0.32
Mar 23Lee & Man Chemical's (HKG:746) Dividend Will Be Increased To HK$0.32
Mar 09Lee & Man Chemical's (HKG:746) Returns On Capital Are Heading Higher
Nov 10Lee & Man Chemical (HKG:746) Has A Rock Solid Balance Sheet
Sep 27Lee & Man Chemical's (HKG:746) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 06Estimating The Fair Value Of Lee & Man Chemical Company Limited (HKG:746)
Jul 30Returns At Lee & Man Chemical (HKG:746) Appear To Be Weighed Down
Jul 06It Looks Like Lee & Man Chemical Company Limited's (HKG:746) CEO May Expect Their Salary To Be Put Under The Microscope
Apr 24Lee & Man Chemical Company Limited's (HKG:746) 5.7% Dividend Yield Looks Pretty Interesting
Apr 20These 4 Measures Indicate That Lee & Man Chemical (HKG:746) Is Using Debt Extensively
Apr 05Should We Be Excited About The Trends Of Returns At Lee & Man Chemical (HKG:746)?
Mar 19Did You Participate In Any Of Lee & Man Chemical's (HKG:746) Fantastic 104% Return ?
Mar 01What You Need To Know About Lee & Man Chemical Company Limited's (HKG:746) Investor Composition
Feb 01
How Does Lee & Man Chemical Company Limited (HKG:746) Fare As A Dividend Stock?
Jan 05Will Lee & Man Chemical (HKG:746) Multiply In Value Going Forward?
Dec 15A Look At Lee & Man Chemical's (HKG:746) Share Price Returns
Nov 30Financial Position Analysis
Short Term Liabilities: 746's short term assets (HK$1.5B) exceed its short term liabilities (HK$1.2B).
Long Term Liabilities: 746's short term assets (HK$1.5B) exceed its long term liabilities (HK$57.4M).
Debt to Equity History and Analysis
Debt Level: 746's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: 746's debt to equity ratio has reduced from 53.9% to 11.6% over the past 5 years.
Debt Coverage: 746's debt is well covered by operating cash flow (112.6%).
Interest Coverage: 746's interest payments on its debt are well covered by EBIT (13.6x coverage).