Rykadan Capital Balance Sheet Health
Financial Health criteria checks 4/6
Rykadan Capital has a total shareholder equity of HK$761.9M and total debt of HK$213.0M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are HK$995.2M and HK$233.3M respectively.
Key information
28.0%
Debt to equity ratio
HK$212.99m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$95.59m |
| Equity | HK$761.87m |
| Total liabilities | HK$233.33m |
| Total assets | HK$995.20m |
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
Further Upside For Rykadan Capital Limited (HKG:2288) Shares Could Introduce Price Risks After 30% Bounce
Dec 01Subdued Growth No Barrier To Rykadan Capital Limited (HKG:2288) With Shares Advancing 39%
Oct 07Increases to CEO Compensation Might Be Put On Hold For Now at Rykadan Capital Limited (HKG:2288)
Sep 09Rykadan Capital Limited's (HKG:2288) 34% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 12We 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$502.3M) exceed its short term liabilities (HK$211.1M).
Long Term Liabilities: 2288's short term assets (HK$502.3M) exceed its long term liabilities (HK$22.2M).
Debt to Equity History and Analysis
Debt Level: 2288's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: 2288's debt to equity ratio has reduced from 28.8% to 28% over the past 5 years.
Debt Coverage: 2288's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: Insufficient data to determine if 2288's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:20 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Rykadan Capital Limited is covered by 1 analysts. 0 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 |
|---|---|
| Kevin Mak | SBI China Capital Financial Services Limited |