SSY Group Balance Sheet Health
Financial Health criteria checks 5/6
SSY Group has a total shareholder equity of HK$7.6B and total debt of HK$3.6B, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are HK$12.5B and HK$5.0B respectively. SSY Group's EBIT is HK$1.7B making its interest coverage ratio 17.4. It has cash and short-term investments of HK$1.6B.
Key information
47.7%
Debt to equity ratio
HK$3.61b
Debt
| Interest coverage ratio | 17.4x |
| Cash | HK$1.61b |
| Equity | HK$7.57b |
| Total liabilities | HK$4.98b |
| Total assets | HK$12.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2005's short term assets (HK$5.3B) exceed its short term liabilities (HK$2.0B).
Long Term Liabilities: 2005's short term assets (HK$5.3B) exceed its long term liabilities (HK$3.0B).
Debt to Equity History and Analysis
Debt Level: 2005's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 2005's debt to equity ratio has increased from 32.7% to 47.7% over the past 5 years.
Debt Coverage: 2005's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 2005's interest payments on its debt are well covered by EBIT (17.4x coverage).