Wharf Real Estate Investment Balance Sheet Health
Financial Health criteria checks 2/6
Wharf Real Estate Investment has a total shareholder equity of HK$191.6B and total debt of HK$38.1B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are HK$238.9B and HK$47.4B respectively. Wharf Real Estate Investment's EBIT is HK$10.0B making its interest coverage ratio 5. It has cash and short-term investments of HK$1.1B.
Key information
19.9%
Debt to equity ratio
HK$38.05b
Debt
| Interest coverage ratio | 5x |
| Cash | HK$1.12b |
| Equity | HK$191.57b |
| Total liabilities | HK$47.37b |
| Total assets | HK$238.94b |
Recent financial health updates
Here's Why Wharf Real Estate Investment (HKG:1997) Can Manage Its Debt Responsibly
Dec 11
Wharf Real Estate Investment (HKG:1997) Seems To Use Debt Quite Sensibly
Sep 11We Think Wharf Real Estate Investment (HKG:1997) Is Taking Some Risk With Its Debt
Apr 05Recent updates
Here's Why Wharf Real Estate Investment (HKG:1997) Can Manage Its Debt Responsibly
Dec 11Is It Too Late To Consider Buying Wharf Real Estate Investment Company Limited (HKG:1997)?
Nov 20Shareholders Can Be Confident That Wharf Real Estate Investment's (HKG:1997) Earnings Are High Quality
Sep 16Wharf Real Estate Investment (HKG:1997) Seems To Use Debt Quite Sensibly
Sep 11An Intrinsic Calculation For Wharf Real Estate Investment Company Limited (HKG:1997) Suggests It's 37% Undervalued
Jul 12Is It Too Late To Consider Buying Wharf Real Estate Investment Company Limited (HKG:1997)?
Jun 16We Think Wharf Real Estate Investment (HKG:1997) Is Taking Some Risk With Its Debt
Apr 05Wharf Real Estate Investment Company Limited Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next
Mar 10Is Wharf Real Estate Investment Company Limited (HKG:1997) Trading At A 30% Discount?
Feb 20What Does Wharf Real Estate Investment Company Limited's (HKG:1997) Share Price Indicate?
Jan 24Financial Position Analysis
Short Term Liabilities: 1997's short term assets (HK$3.1B) do not cover its short term liabilities (HK$18.0B).
Long Term Liabilities: 1997's short term assets (HK$3.1B) do not cover its long term liabilities (HK$29.4B).
Debt to Equity History and Analysis
Debt Level: 1997's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 1997's debt to equity ratio has increased from 17.4% to 19.9% over the past 5 years.
Debt Coverage: 1997's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: 1997's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:39 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wharf Real Estate Investment Company Limited is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Karl Choi | BofA Global Research |
| Siu-Fung Lung | CCB International Securities Limited |
| Wei Ong | CFRA Equity Research |