Vongroup Balance Sheet Health
Financial Health criteria checks 5/6
Vongroup has a total shareholder equity of HK$544.9M and total debt of HK$46.9M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are HK$620.1M and HK$75.2M respectively. Vongroup's EBIT is HK$27.5M making its interest coverage ratio 13.3. It has cash and short-term investments of HK$135.2M.
Key information
8.6%
Debt to equity ratio
HK$46.86m
Debt
| Interest coverage ratio | 13.3x |
| Cash | HK$135.17m |
| Equity | HK$544.93m |
| Total liabilities | HK$75.21m |
| Total assets | HK$620.14m |
Recent financial health updates
Vongroup (HKG:318) Seems To Use Debt Rather Sparingly
Mar 12
These 4 Measures Indicate That Vongroup (HKG:318) Is Using Debt Safely
Aug 23Here's Why Vongroup (HKG:318) Can Manage Its Debt Responsibly
Feb 15Vongroup (HKG:318) Has A Pretty Healthy Balance Sheet
Aug 26Vongroup (HKG:318) Has A Rock Solid Balance Sheet
Mar 01We Think Vongroup (HKG:318) Can Manage Its Debt With Ease
Jan 12
Recent updates
Earnings Not Telling The Story For Vongroup Limited (HKG:318)
Apr 17Vongroup (HKG:318) Seems To Use Debt Rather Sparingly
Mar 12These 4 Measures Indicate That Vongroup (HKG:318) Is Using Debt Safely
Aug 23Here's Why Vongroup (HKG:318) Can Manage Its Debt Responsibly
Feb 15Vongroup Limited's (HKG:318) CEO Compensation Looks Acceptable To Us And Here's Why
Oct 24Vongroup (HKG:318) Has A Pretty Healthy Balance Sheet
Aug 26A Look At The Fair Value Of Vongroup Limited (HKG:318)
Jul 05Vongroup (HKG:318) Has A Rock Solid Balance Sheet
Mar 01Estimating The Intrinsic Value Of Vongroup Limited (HKG:318)
Mar 23How Should Investors Feel About Vongroup's (HKG:318) CEO Remuneration?
Feb 16We Think Vongroup (HKG:318) Can Manage Its Debt With Ease
Jan 12Are Vongroup's (HKG:318) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 08Financial Position Analysis
Short Term Liabilities: 318's short term assets (HK$276.3M) exceed its short term liabilities (HK$65.4M).
Long Term Liabilities: 318's short term assets (HK$276.3M) exceed its long term liabilities (HK$9.8M).
Debt to Equity History and Analysis
Debt Level: 318 has more cash than its total debt.
Reducing Debt: 318's debt to equity ratio has increased from 7% to 8.6% over the past 5 years.
Debt Coverage: 318's debt is well covered by operating cash flow (43.6%).
Interest Coverage: 318's interest payments on its debt are well covered by EBIT (13.3x coverage).