Winfair Investment Balance Sheet Health
Financial Health criteria checks 5/6
Winfair Investment has a total shareholder equity of HK$1.1B and total debt of HK$16.3M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are HK$1.1B and HK$22.7M respectively. Winfair Investment's EBIT is HK$1.4M making its interest coverage ratio 2.1. It has cash and short-term investments of HK$186.0M.
Key information
1.5%
Debt to equity ratio
HK$16.30m
Debt
| Interest coverage ratio | 2.1x |
| Cash | HK$185.95m |
| Equity | HK$1.08b |
| Total liabilities | HK$22.72m |
| Total assets | HK$1.10b |
Recent financial health updates
Recent updates
Winfair Investment (HKG:287) Is Due To Pay A Dividend Of HK$0.12
Jul 22
Winfair Investment (HKG:287) Is Paying Out A Dividend Of HK$0.12
Jun 27Winfair Investment's (HKG:287) Dividend Will Be HK$0.12
Sep 11Winfair 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$186.7M) exceed its short term liabilities (HK$19.8M).
Long Term Liabilities: 287's short term assets (HK$186.7M) 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 1.6% to 1.5% over the past 5 years.
Debt Coverage: 287's debt is well covered by operating cash flow (66.1%).
Interest Coverage: 287's interest payments on its debt are not well covered by EBIT (2.1x coverage).