Shun Tak Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Shun Tak Holdings has a total shareholder equity of HK$34.1B and total debt of HK$15.6B, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are HK$51.8B and HK$17.8B respectively. Shun Tak Holdings's EBIT is HK$949.2M making its interest coverage ratio 1.4. It has cash and short-term investments of HK$6.6B.
Key information
45.8%
Debt to equity ratio
HK$15.59b
Debt
Interest coverage ratio | 1.4x |
Cash | HK$6.63b |
Equity | HK$34.07b |
Total liabilities | HK$17.76b |
Total assets | HK$51.82b |
Recent financial health updates
Is Shun Tak Holdings (HKG:242) Using Too Much Debt?
Dec 27Shun Tak Holdings (HKG:242) Has No Shortage Of Debt
Apr 18Recent updates
A 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 29Factors 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$18.9B) exceed its short term liabilities (HK$5.2B).
Long Term Liabilities: 242's short term assets (HK$18.9B) exceed its long term liabilities (HK$12.5B).
Debt to Equity History and Analysis
Debt Level: 242's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: 242's debt to equity ratio has reduced from 49.6% to 45.8% over the past 5 years.
Debt Coverage: 242's debt is not well covered by operating cash flow (11%).
Interest Coverage: 242's interest payments on its debt are not well covered by EBIT (1.4x coverage).