Winfair Investment Balance Sheet Health
Financial Health criteria checks 6/6
Winfair Investment has a total shareholder equity of HK$1.1B and total debt of HK$16.7M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are HK$1.1B and HK$26.0M respectively. Winfair Investment's EBIT is HK$7.6M making its interest coverage ratio 11.7. It has cash and short-term investments of HK$192.4M.
Key information
1.5%
Debt to equity ratio
HK$16.70m
Debt
| Interest coverage ratio | 11.7x |
| Cash | HK$192.36m |
| Equity | HK$1.10b |
| Total liabilities | HK$25.97m |
| Total assets | HK$1.13b |
Recent financial health updates
Recent updates
Winfair Investment's (HKG:287) Dividend Will Be HK$0.12
Sep 11
Winfair Investment's (HKG:287) Dividend Will Be HK$0.12
Aug 28Winfair Investment (HKG:287) Will Pay A Dividend Of HK$0.12
Jul 24Winfair Investment (HKG:287) Has Announced A Dividend Of HK$0.12
Jun 28Winfair Investment (HKG:287) Is Due To Pay A Dividend Of HK$0.02
Dec 02Consider This Before Buying Winfair Investment Company Limited (HKG:287) For The 3.6% Dividend
Mar 15Winfair Investment (HKG:287) Could Easily Take On More Debt
Jan 21Financial Position Analysis
Short Term Liabilities: 287's short term assets (HK$193.4M) exceed its short term liabilities (HK$23.0M).
Long Term Liabilities: 287's short term assets (HK$193.4M) exceed its long term liabilities (HK$2.9M).
Debt to Equity History and Analysis
Debt Level: 287 has more cash than its total debt.
Reducing Debt: 287's debt to equity ratio has reduced from 1.8% to 1.5% over the past 5 years.
Debt Coverage: 287's debt is well covered by operating cash flow (81.1%).
Interest Coverage: 287's interest payments on its debt are well covered by EBIT (11.7x coverage).