Hang Lung Group Balance Sheet Health
Financial Health criteria checks 3/6
Hang Lung Group has a total shareholder equity of HK$153.8B and total debt of HK$53.7B, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are HK$232.7B and HK$78.9B respectively. Hang Lung Group's EBIT is HK$6.9B making its interest coverage ratio 10.2. It has cash and short-term investments of HK$7.2B.
Key information
34.9%
Debt to equity ratio
HK$53.72b
Debt
| Interest coverage ratio | 10.2x |
| Cash | HK$7.22b |
| Equity | HK$153.83b |
| Total liabilities | HK$78.87b |
| Total assets | HK$232.69b |
Recent financial health updates
Hang Lung Group (HKG:10) Takes On Some Risk With Its Use Of Debt
Feb 29
Hang Lung Group (HKG:10) Takes On Some Risk With Its Use Of Debt
Nov 04These 4 Measures Indicate That Hang Lung Group (HKG:10) Is Using Debt Extensively
May 29Does Hang Lung Group (HKG:10) Have A Healthy Balance Sheet?
Sep 26Does Hang Lung Group (HKG:10) Have A Healthy Balance Sheet?
Mar 24Is Hang Lung Group (HKG:10) A Risky Investment?
Dec 17Recent updates
Investors Can Find Comfort In Hang Lung Group's (HKG:10) Earnings Quality
Sep 19Hang Lung Group (HKG:10) Takes On Some Risk With Its Use Of Debt
Feb 29Hang Lung Group (HKG:10) Is Due To Pay A Dividend Of HK$0.65
Feb 01Investors Continue Waiting On Sidelines For Hang Lung Group Limited (HKG:10)
Jan 05Hang Lung Group (HKG:10) Takes On Some Risk With Its Use Of Debt
Nov 04Hang Lung Group (HKG:10) Has Announced A Dividend Of HK$0.21
Sep 07Hang Lung Group (HKG:10) Is Paying Out A Dividend Of HK$0.21
Aug 24Hang Lung Group (HKG:10) Will Pay A Dividend Of HK$0.21
Aug 02These 4 Measures Indicate That Hang Lung Group (HKG:10) Is Using Debt Extensively
May 29Hang Lung Group (HKG:10) Is Due To Pay A Dividend Of HK$0.65
Apr 04Hang Lung Group (HKG:10) Is Paying Out A Dividend Of HK$0.65
Feb 02Does Hang Lung Group (HKG:10) Have A Healthy Balance Sheet?
Sep 26Hang Lung Group (HKG:10) Is Due To Pay A Dividend Of HK$0.21
Aug 01Calculating The Intrinsic Value Of Hang Lung Group Limited (HKG:10)
May 16Does Hang Lung Group (HKG:10) Have A Healthy Balance Sheet?
Mar 24Is Hang Lung Group (HKG:10) A Risky Investment?
Dec 17Calculating The Fair Value Of Hang Lung Group Limited (HKG:10)
Jun 10Shareholders May Be Wary Of Increasing Hang Lung Group Limited's (HKG:10) CEO Compensation Package
Apr 24These 4 Measures Indicate That Hang Lung Group (HKG:10) Is Using Debt Extensively
Mar 15Are Dividend Investors Making A Mistake With Hang Lung Group Limited (HKG:10)?
Feb 22What Kind Of Investors Own Most Of Hang Lung Group Limited (HKG:10)?
Jan 27
Would Shareholders Who Purchased Hang Lung Group's (HKG:10) Stock Three Years Be Happy With The Share price Today?
Jan 08How Much Are Hang Lung Group Limited (HKG:10) Insiders Spending On Buying Shares?
Dec 20Is Hang Lung Group (HKG:10) A Risky Investment?
Dec 05Is Hang Lung Group Limited (HKG:10) A Smart Pick For Income Investors?
Nov 20Financial Position Analysis
Short Term Liabilities: 10's short term assets (HK$25.0B) exceed its short term liabilities (HK$15.9B).
Long Term Liabilities: 10's short term assets (HK$25.0B) do not cover its long term liabilities (HK$62.9B).
Debt to Equity History and Analysis
Debt Level: 10's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: 10's debt to equity ratio has increased from 22.2% to 34.9% over the past 5 years.
Debt Coverage: 10's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 10's interest payments on its debt are well covered by EBIT (10.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 21:11 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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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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
Hang Lung Group Limited is covered by 9 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 |
|---|---|
| Andrew Lawrence | Barclays |
| Manfred Ho | BOCI Research Ltd. |
| Cusson Leung | Credit Suisse |