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$20.5B, which brings its debt-to-equity ratio to 114.7%. Its total assets and total liabilities are HK$44.5B and HK$26.6B respectively. Kowloon Development's EBIT is HK$886.3M making its interest coverage ratio 5.2. It has cash and short-term investments of HK$730.6M.
Key information
114.7%
Debt to equity ratio
HK$20.47b
Debt
| Interest coverage ratio | 5.2x |
| Cash | HK$730.58m |
| Equity | HK$17.85b |
| Total liabilities | HK$26.61b |
| Total assets | HK$44.46b |
Recent financial health updates
Does Kowloon Development (HKG:34) Have A Healthy Balance Sheet?
Aug 25
Is Kowloon Development (HKG:34) A Risky Investment?
Mar 26Is 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 (HKG:34) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable
Oct 02Does Kowloon Development (HKG:34) Have A Healthy Balance Sheet?
Aug 25Kowloon Development Company Limited's (HKG:34) Share Price Not Quite Adding Up
Jul 26We Think You Can Look Beyond Kowloon Development's (HKG:34) Lackluster Earnings
May 07Kowloon 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$24.9B) exceed its short term liabilities (HK$8.5B).
Long Term Liabilities: 34's short term assets (HK$24.9B) exceed its long term liabilities (HK$18.1B).
Debt to Equity History and Analysis
Debt Level: 34's net debt to equity ratio (110.6%) is considered high.
Reducing Debt: 34's debt to equity ratio has increased from 49.2% to 114.7% over the past 5 years.
Debt Coverage: 34's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 34's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 01:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kowloon Development Company Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sylvia Wong | UOB Kay Hian Research Pte Ltd |
| Satish Kambhampati | Virtua Research Inc. |