Kowloon Development Balance Sheet Health
Financial Health criteria checks 3/6
Kowloon Development has a total shareholder equity of HK$17.8B and total debt of HK$23.7B, which brings its debt-to-equity ratio to 133.6%. Its total assets and total liabilities are HK$47.7B and HK$30.0B respectively. Kowloon Development's EBIT is HK$858.7M making its interest coverage ratio 4.8. It has cash and short-term investments of HK$1.1B.
Key information
133.6%
Debt to equity ratio
HK$23.73b
Debt
| Interest coverage ratio | 4.8x |
| Cash | HK$1.10b |
| Equity | HK$17.77b |
| Total liabilities | HK$29.96b |
| Total assets | HK$47.73b |
Recent financial health updates
Is Kowloon Development (HKG:34) A Risky Investment?
Mar 26
Is Kowloon Development (HKG:34) A Risky Investment?
Nov 13These 4 Measures Indicate That Kowloon Development (HKG:34) Is Using Debt Extensively
Dec 21Is Kowloon Development (HKG:34) A Risky Investment?
Apr 30Recent updates
Kowloon Development Company Limited's (HKG:34) Popularity With Investors Is Under Threat From Overpricing
Apr 26Is Kowloon Development (HKG:34) A Risky Investment?
Mar 26Is Kowloon Development (HKG:34) A Risky Investment?
Nov 13Calculating The Fair Value Of Kowloon Development Company Limited (HKG:34)
Jan 05Calculating The Intrinsic Value Of Kowloon Development Company Limited (HKG:34)
Mar 09These 4 Measures Indicate That Kowloon Development (HKG:34) Is Using Debt Extensively
Dec 21A Look At The Intrinsic Value Of Kowloon Development Company Limited (HKG:34)
Nov 30Is Kowloon Development (HKG:34) A Risky Investment?
Apr 30Shareholders Of Kowloon Development (HKG:34) Must Be Happy With Their 152% Total Return
Feb 28Calculating The Intrinsic Value Of Kowloon Development Company Limited (HKG:34)
Feb 05
What To Know Before Buying Kowloon Development Company Limited (HKG:34) For Its Dividend
Jan 18What Kind Of Shareholders Hold The Majority In Kowloon Development Company Limited's (HKG:34) Shares?
Dec 29Are Kowloon Development's (HKG:34) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 13What Are The Total Returns Earned By Shareholders Of Kowloon Development (HKG:34) On Their Investment?
Nov 24Financial Position Analysis
Short Term Liabilities: 34's short term assets (HK$29.0B) exceed its short term liabilities (HK$9.4B).
Long Term Liabilities: 34's short term assets (HK$29.0B) exceed its long term liabilities (HK$20.5B).
Debt to Equity History and Analysis
Debt Level: 34's net debt to equity ratio (127.4%) is considered high.
Reducing Debt: 34's debt to equity ratio has increased from 65.7% to 133.6% over the past 5 years.
Debt Coverage: 34's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: 34's interest payments on its debt are well covered by EBIT (4.8x coverage).