Legend Upstar Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Legend Upstar Holdings has a total shareholder equity of HK$1.1B and total debt of HK$384.6M, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are HK$1.7B and HK$552.0M respectively. Legend Upstar Holdings's EBIT is HK$41.5M making its interest coverage ratio 2.6. It has cash and short-term investments of HK$219.2M.
Key information
33.8%
Debt to equity ratio
HK$384.65m
Debt
Interest coverage ratio | 2.6x |
Cash | HK$219.18m |
Equity | HK$1.14b |
Total liabilities | HK$551.97m |
Total assets | HK$1.69b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 459's short term assets (HK$644.3M) exceed its short term liabilities (HK$253.3M).
Long Term Liabilities: 459's short term assets (HK$644.3M) exceed its long term liabilities (HK$298.6M).
Debt to Equity History and Analysis
Debt Level: 459's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 459's debt to equity ratio has increased from 28.3% to 33.8% over the past 5 years.
Debt Coverage: 459's debt is well covered by operating cash flow (50.8%).
Interest Coverage: 459's interest payments on its debt are not well covered by EBIT (2.6x coverage).