Legend Upstar Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Legend Upstar Holdings has a total shareholder equity of HK$1.1B and total debt of HK$381.0M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are HK$1.7B and HK$545.0M respectively. Legend Upstar Holdings's EBIT is HK$42.6M making its interest coverage ratio 2.4. It has cash and short-term investments of HK$202.3M.
Key information
33.2%
Debt to equity ratio
HK$380.97m
Debt
| Interest coverage ratio | 2.4x |
| Cash | HK$202.34m |
| Equity | HK$1.15b |
| Total liabilities | HK$544.97m |
| Total assets | HK$1.69b |
Recent financial health updates
Is Legend Upstar Holdings (HKG:459) A Risky Investment?
Sep 16
We Think Legend Upstar Holdings (HKG:459) Can Stay On Top Of Its Debt
Oct 26Recent updates
Is Legend Upstar Holdings (HKG:459) A Risky Investment?
Sep 16Legend Upstar Holdings Limited's (HKG:459) 25% Jump Shows Its Popularity With Investors
May 13Legend Upstar Holdings Limited's (HKG:459) Share Price Could Signal Some Risk
Mar 05We Think Legend Upstar Holdings (HKG:459) Can Stay On Top Of Its Debt
Oct 26Some Confidence Is Lacking In Legend Upstar Holdings Limited's (HKG:459) P/E
Mar 17Financial Position Analysis
Short Term Liabilities: 459's short term assets (HK$659.5M) exceed its short term liabilities (HK$293.3M).
Long Term Liabilities: 459's short term assets (HK$659.5M) exceed its long term liabilities (HK$251.7M).
Debt to Equity History and Analysis
Debt Level: 459's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: 459's debt to equity ratio has increased from 28.2% to 33.2% over the past 5 years.
Debt Coverage: 459's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 459's interest payments on its debt are not well covered by EBIT (2.4x coverage).