Rykadan Capital Balance Sheet Health
Financial Health criteria checks 4/6
Rykadan Capital has a total shareholder equity of HK$966.6M and total debt of HK$328.8M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are HK$1.3B and HK$346.6M respectively.
Key information
34.0%
Debt to equity ratio
HK$328.84m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$129.55m |
| Equity | HK$966.65m |
| Total liabilities | HK$346.63m |
| Total assets | HK$1.31b |
Recent financial health updates
Health Check: How Prudently Does Rykadan Capital (HKG:2288) Use Debt?
Jul 02
Is Rykadan Capital (HKG:2288) A Risky Investment?
Mar 17Health Check: How Prudently Does Rykadan Capital (HKG:2288) Use Debt?
Jul 01Rykadan Capital (HKG:2288) Has Debt But No Earnings; Should You Worry?
Mar 07Does Rykadan Capital (HKG:2288) Have A Healthy Balance Sheet?
Mar 16Is Rykadan Capital (HKG:2288) A Risky Investment?
Dec 06Recent updates
We Discuss Why Rykadan Capital Limited's (HKG:2288) CEO Compensation May Be Closely Reviewed
Sep 13Health Check: How Prudently Does Rykadan Capital (HKG:2288) Use Debt?
Jul 02Is Rykadan Capital (HKG:2288) A Risky Investment?
Mar 17Health Check: How Prudently Does Rykadan Capital (HKG:2288) Use Debt?
Jul 01Rykadan Capital (HKG:2288) Has Debt But No Earnings; Should You Worry?
Mar 07Does Rykadan Capital (HKG:2288) Have A Healthy Balance Sheet?
Mar 16Estimating The Intrinsic Value Of Rykadan Capital Limited (HKG:2288)
Feb 10
What Does Rykadan Capital's (HKG:2288) CEO Pay Reveal?
Jan 14Hoi Lo Is The CFO & Company Secretary of Rykadan Capital Limited (HKG:2288) And They Just Sold 79% Of Their Shares
Dec 19Is Rykadan Capital (HKG:2288) A Risky Investment?
Dec 06Financial Position Analysis
Short Term Liabilities: 2288's short term assets (HK$672.3M) exceed its short term liabilities (HK$262.1M).
Long Term Liabilities: 2288's short term assets (HK$672.3M) exceed its long term liabilities (HK$84.5M).
Debt to Equity History and Analysis
Debt Level: 2288's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: 2288's debt to equity ratio has reduced from 68.3% to 34% over the past 5 years.
Debt Coverage: 2288's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2288's interest payments on its debt are well covered by EBIT.