Hang Lung Group Balance Sheet Health
Financial Health criteria checks 3/6
Hang Lung Group has a total shareholder equity of HK$154.9B and total debt of HK$50.7B, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are HK$231.5B and HK$76.5B respectively. Hang Lung Group's EBIT is HK$7.2B making its interest coverage ratio 14. It has cash and short-term investments of HK$6.3B.
Key information
32.7%
Debt to equity ratio
HK$50.69b
Debt
| Interest coverage ratio | 14x |
| Cash | HK$6.26b |
| Equity | HK$154.92b |
| Total liabilities | HK$76.54b |
| Total assets | HK$231.45b |
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
Hang 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$24.0B) exceed its short term liabilities (HK$15.1B).
Long Term Liabilities: 10's short term assets (HK$24.0B) do not cover its long term liabilities (HK$61.5B).
Debt to Equity History and Analysis
Debt Level: 10's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: 10's debt to equity ratio has increased from 20.3% to 32.7% over the past 5 years.
Debt Coverage: 10's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 10's interest payments on its debt are well covered by EBIT (14x coverage).