Hon Kwok Land Investment Company Balance Sheet Health
Financial Health criteria checks 2/6
Hon Kwok Land Investment Company has a total shareholder equity of HK$11.4B and total debt of HK$6.3B, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are HK$19.9B and HK$8.5B respectively. Hon Kwok Land Investment Company's EBIT is HK$469.5M making its interest coverage ratio 1.9. It has cash and short-term investments of HK$1.8B.
Key information
55.0%
Debt to equity ratio
HK$6.30b
Debt
| Interest coverage ratio | 1.9x |
| Cash | HK$1.82b |
| Equity | HK$11.45b |
| Total liabilities | HK$8.50b |
| Total assets | HK$19.95b |
Recent financial health updates
Hon Kwok Land Investment Company (HKG:160) Has A Somewhat Strained Balance Sheet
Jan 23
Hon Kwok Land Investment Company (HKG:160) Takes On Some Risk With Its Use Of Debt
Oct 01These 4 Measures Indicate That Hon Kwok Land Investment Company (HKG:160) Is Using Debt In A Risky Way
Jan 01Recent updates
Hon Kwok Land Investment Company (HKG:160) Has A Somewhat Strained Balance Sheet
Jan 23Hon Kwok Land Investment Company (HKG:160) Will Pay A Dividend Of HK$0.125
Aug 28Hon Kwok Land Investment Company (HKG:160) Is Due To Pay A Dividend Of HK$0.125
Aug 02Hon Kwok Land Investment Company (HKG:160) Has Announced A Dividend Of HK$0.125
Jul 19Hon Kwok Land Investment Company (HKG:160) Has Announced A Dividend Of HK$0.125
Jul 03Hon Kwok Land Investment Company (HKG:160) Takes On Some Risk With Its Use Of Debt
Oct 01Hon Kwok Land Investment Company (HKG:160) Is Due To Pay A Dividend Of HK$0.125
Aug 14Hon Kwok Land Investment Company (HKG:160) Has Affirmed Its Dividend Of HK$0.125
Jul 31Hon Kwok Land Investment Company (HKG:160) Has Affirmed Its Dividend Of HK$0.125
Jul 17Hon Kwok Land Investment Company (HKG:160) Will Pay A Dividend Of HK$0.13
Jul 03Are Dividend Investors Getting More Than They Bargained For With Hon Kwok Land Investment Company, Limited's (HKG:160) Dividend?
May 06Hon Kwok Land Investment Company (HKG:160) Share Prices Have Dropped 42% In The Last Three Years
Mar 12Are Dividend Investors Getting More Than They Bargained For With Hon Kwok Land Investment Company, Limited's (HKG:160) Dividend?
Feb 05These 4 Measures Indicate That Hon Kwok Land Investment Company (HKG:160) Is Using Debt In A Risky Way
Jan 01Hon Kwok Land Investment Company's (HKG:160) Stock Price Has Reduced 47% In The Past Three Years
Nov 27Financial Position Analysis
Short Term Liabilities: 160's short term assets (HK$3.4B) exceed its short term liabilities (HK$1.5B).
Long Term Liabilities: 160's short term assets (HK$3.4B) do not cover its long term liabilities (HK$6.9B).
Debt to Equity History and Analysis
Debt Level: 160's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: 160's debt to equity ratio has increased from 37.7% to 55% over the past 5 years.
Debt Coverage: 160's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 160's interest payments on its debt are not well covered by EBIT (1.9x coverage).