Asia Standard International Group Balance Sheet Health
Financial Health criteria checks 1/6
Asia Standard International Group has a total shareholder equity of HK$14.7B and total debt of HK$17.8B, which brings its debt-to-equity ratio to 121.3%. Its total assets and total liabilities are HK$34.1B and HK$19.5B respectively.
Key information
121.3%
Debt to equity ratio
HK$17.81b
Debt
Interest coverage ratio | n/a |
Cash | HK$3.43b |
Equity | HK$14.68b |
Total liabilities | HK$19.46b |
Total assets | HK$34.14b |
Recent financial health updates
Recent updates
We Discuss Why Asia Standard International Group Limited's (HKG:129) CEO Compensation May Be Closely Reviewed
Aug 20Reflecting on Asia Standard International Group's (HKG:129) Share Price Returns Over The Last Three Years
Mar 21Are Asia Standard International Group's (HKG:129) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 27A Quick Analysis On Asia Standard International Group's (HKG:129) CEO Salary
Jan 01Asia Standard International Group (HKG:129) Takes On Some Risk With Its Use Of Debt
Dec 03Financial Position Analysis
Short Term Liabilities: 129's short term assets (HK$10.8B) exceed its short term liabilities (HK$7.2B).
Long Term Liabilities: 129's short term assets (HK$10.8B) do not cover its long term liabilities (HK$12.2B).
Debt to Equity History and Analysis
Debt Level: 129's net debt to equity ratio (97.9%) is considered high.
Reducing Debt: 129's debt to equity ratio has increased from 80.8% to 121.3% over the past 5 years.
Debt Coverage: 129's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 129's interest payments on its debt are well covered by EBIT.