Wang On Group Balance Sheet Health
Financial Health criteria checks 2/6
Wang On Group has a total shareholder equity of HK$8.1B and total debt of HK$6.3B, which brings its debt-to-equity ratio to 78.2%. Its total assets and total liabilities are HK$17.6B and HK$9.5B respectively.
Key information
78.2%
Debt to equity ratio
HK$6.35b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$1.28b |
| Equity | HK$8.12b |
| Total liabilities | HK$9.46b |
| Total assets | HK$17.58b |
Recent financial health updates
Does Wang On Group (HKG:1222) Have A Healthy Balance Sheet?
Mar 28
Wang On Group (HKG:1222) Use Of Debt Could Be Considered Risky
Jul 26Here's Why Wang On Group (HKG:1222) Is Weighed Down By Its Debt Load
Mar 29Here's Why Wang On Group (HKG:1222) Is Weighed Down By Its Debt Load
Dec 03Recent updates
A Piece Of The Puzzle Missing From Wang On Group Limited's (HKG:1222) 26% Share Price Climb
May 22Does Wang On Group (HKG:1222) Have A Healthy Balance Sheet?
Mar 28Wang On Group (HKG:1222) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Dec 28Wang On Group (HKG:1222) Use Of Debt Could Be Considered Risky
Jul 26Wang On Group's (HKG:1222) Soft Earnings Don't Show The Whole Picture
Aug 02Estimating The Intrinsic Value Of Wang On Group Limited (HKG:1222)
Jun 07Here's Why Wang On Group (HKG:1222) Is Weighed Down By Its Debt Load
Mar 29What You Need To Know About Wang On Group Limited's (HKG:1222) Investor Composition
Mar 03Estimating The Intrinsic Value Of Wang On Group Limited (HKG:1222)
Feb 05Wang On Group's (HKG:1222) Stock Price Has Reduced 56% In The Past Three Years
Jan 15
Our View On Wang On Group's (HKG:1222) CEO Pay
Dec 25Here's Why Wang On Group (HKG:1222) Is Weighed Down By Its Debt Load
Dec 03Financial Position Analysis
Short Term Liabilities: 1222's short term assets (HK$8.5B) exceed its short term liabilities (HK$6.0B).
Long Term Liabilities: 1222's short term assets (HK$8.5B) exceed its long term liabilities (HK$3.5B).
Debt to Equity History and Analysis
Debt Level: 1222's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: 1222's debt to equity ratio has increased from 69% to 78.2% over the past 5 years.
Debt Coverage: 1222's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1222's interest payments on its debt are well covered by EBIT.