Hong Wei (Asia) Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Hong Wei (Asia) Holdings has a total shareholder equity of HK$260.8M and total debt of HK$352.5M, which brings its debt-to-equity ratio to 135.2%. Its total assets and total liabilities are HK$804.6M and HK$543.8M respectively.
Key information
135.2%
Debt to equity ratio
HK$352.49m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$6.35m |
| Equity | HK$260.77m |
| Total liabilities | HK$543.78m |
| Total assets | HK$804.55m |
Recent financial health updates
Here's Why Hong Wei (Asia) Holdings (HKG:8191) Is Weighed Down By Its Debt Load
Nov 30
Hong Wei (Asia) Holdings (HKG:8191) Takes On Some Risk With Its Use Of Debt
Aug 15These 4 Measures Indicate That Hong Wei (Asia) Holdings (HKG:8191) Is Using Debt Extensively
Aug 24Does Hong Wei (Asia) Holdings (HKG:8191) Have A Healthy Balance Sheet?
Dec 15Recent updates
Here's Why Hong Wei (Asia) Holdings (HKG:8191) Is Weighed Down By Its Debt Load
Nov 30Hong Wei (Asia) Holdings (HKG:8191) Takes On Some Risk With Its Use Of Debt
Aug 15Hong Wei (Asia) Holdings (HKG:8191) Will Be Hoping To Turn Its Returns On Capital Around
Mar 30Be Wary Of Hong Wei (Asia) Holdings (HKG:8191) And Its Returns On Capital
Oct 22These 4 Measures Indicate That Hong Wei (Asia) Holdings (HKG:8191) Is Using Debt Extensively
Aug 24Hong Wei (Asia) Holdings' (HKG:8191) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 07Does Hong Wei (Asia) Holdings (HKG:8191) Have A Healthy Balance Sheet?
Dec 15Financial Position Analysis
Short Term Liabilities: 8191's short term assets (HK$408.4M) exceed its short term liabilities (HK$362.6M).
Long Term Liabilities: 8191's short term assets (HK$408.4M) exceed its long term liabilities (HK$181.1M).
Debt to Equity History and Analysis
Debt Level: 8191's net debt to equity ratio (132.7%) is considered high.
Reducing Debt: 8191's debt to equity ratio has increased from 83.3% to 135.2% over the past 5 years.
Debt Coverage: 8191's debt is not well covered by operating cash flow (5%).
Interest Coverage: Insufficient data to determine if 8191's interest payments on its debt are well covered by EBIT.