Wang On Properties Balance Sheet Health
Financial Health criteria checks 2/6
Wang On Properties has a total shareholder equity of HK$5.4B and total debt of HK$4.7B, which brings its debt-to-equity ratio to 86.2%. Its total assets and total liabilities are HK$10.4B and HK$5.0B respectively.
Key information
86.2%
Debt to equity ratio
HK$4.65b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$586.69m |
| Equity | HK$5.40b |
| Total liabilities | HK$4.96b |
| Total assets | HK$10.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1243's short term assets (HK$3.8B) exceed its short term liabilities (HK$2.9B).
Long Term Liabilities: 1243's short term assets (HK$3.8B) exceed its long term liabilities (HK$2.1B).
Debt to Equity History and Analysis
Debt Level: 1243's net debt to equity ratio (75.3%) is considered high.
Reducing Debt: 1243's debt to equity ratio has increased from 86.1% to 86.2% over the past 5 years.
Debt Coverage: 1243's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1243's interest payments on its debt are well covered by EBIT.