Wang On Properties Balance Sheet Health
Financial Health criteria checks 2/6
Wang On Properties has a total shareholder equity of HK$4.4B and total debt of HK$4.7B, which brings its debt-to-equity ratio to 106%. Its total assets and total liabilities are HK$9.9B and HK$5.4B respectively.
Key information
106.0%
Debt to equity ratio
HK$4.71b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$766.31m |
| Equity | HK$4.45b |
| Total liabilities | HK$5.44b |
| Total assets | HK$9.89b |
Financial Position Analysis
Short Term Liabilities: 1243's short term assets (HK$5.6B) exceed its short term liabilities (HK$3.9B).
Long Term Liabilities: 1243's short term assets (HK$5.6B) exceed its long term liabilities (HK$1.6B).
Debt to Equity History and Analysis
Debt Level: 1243's net debt to equity ratio (88.8%) is considered high.
Reducing Debt: 1243's debt to equity ratio has increased from 89.9% to 106% 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.