Shun Tak Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Shun Tak Holdings has a total shareholder equity of HK$33.1B and total debt of HK$16.3B, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are HK$51.7B and HK$18.6B respectively. Shun Tak Holdings's EBIT is HK$1.1B making its interest coverage ratio 1.5. It has cash and short-term investments of HK$7.8B.
Key information
49.3%
Debt to equity ratio
HK$16.33b
Debt
| Interest coverage ratio | 1.5x |
| Cash | HK$7.76b |
| Equity | HK$33.13b |
| Total liabilities | HK$18.60b |
| Total assets | HK$51.73b |
Recent financial health updates
Is Shun Tak Holdings (HKG:242) Using Too Much Debt?
Nov 15
Is Shun Tak Holdings (HKG:242) Using Too Much Debt?
Dec 27Shun Tak Holdings (HKG:242) Has No Shortage Of Debt
Apr 18Recent updates
Is Shun Tak Holdings (HKG:242) Using Too Much Debt?
Nov 15Shun Tak Holdings Limited's (HKG:242) Business Is Yet to Catch Up With Its Share Price
Sep 30Shareholders May Be More Conservative With Shun Tak Holdings Limited's (HKG:242) CEO Compensation For Now
May 29A Look At The Intrinsic Value Of Shun Tak Holdings Limited (HKG:242)
Feb 16Is Shun Tak Holdings (HKG:242) Using Too Much Debt?
Dec 27Why Shun Tak Holdings Limited (HKG:242) Could Be Worth Watching
Oct 26Here's What To Make Of Shun Tak Holdings' (HKG:242) Decelerating Rates Of Return
Sep 20What Does Shun Tak Holdings Limited's (HKG:242) Share Price Indicate?
Jul 09Shun Tak Holdings (HKG:242) Has No Shortage Of Debt
Apr 18Know This Before Buying Shun Tak Holdings Limited (HKG:242) For Its Dividend
Mar 22Is Shun Tak Holdings Limited (HKG:242) Popular Amongst Insiders?
Feb 21Would Shareholders Who Purchased Shun Tak Holdings' (HKG:242) Stock Year Be Happy With The Share price Today?
Jan 24Have Insiders Been Buying Shun Tak Holdings Limited (HKG:242) Shares?
Dec 29
Factors Income Investors Should Consider Before Adding Shun Tak Holdings Limited (HKG:242) To Their Portfolio
Dec 11Is Shun Tak Holdings Limited's (HKG:242) Shareholder Ownership Skewed Towards Insiders?
Nov 23Financial Position Analysis
Short Term Liabilities: 242's short term assets (HK$19.6B) exceed its short term liabilities (HK$9.2B).
Long Term Liabilities: 242's short term assets (HK$19.6B) exceed its long term liabilities (HK$9.4B).
Debt to Equity History and Analysis
Debt Level: 242's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: 242's debt to equity ratio has increased from 44.6% to 49.3% over the past 5 years.
Debt Coverage: 242's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: 242's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:14 |
| 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
Shun Tak Holdings Limited is covered by 12 analysts. 1 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 |
|---|---|
| Yiu Kei Tung | BNP Paribas Securities (Asia) |
| Ronald Leung | BofA Global Research |
| Shui Lung Choi | Citigroup Inc |