Lai Sun Development Balance Sheet Health
Financial Health criteria checks 1/6
Lai Sun Development has a total shareholder equity of HK$34.7B and total debt of HK$26.6B, which brings its debt-to-equity ratio to 76.8%. Its total assets and total liabilities are HK$71.5B and HK$36.8B respectively.
Key information
76.8%
Debt to equity ratio
HK$26.64b
Debt
Interest coverage ratio | n/a |
Cash | HK$3.88b |
Equity | HK$34.69b |
Total liabilities | HK$36.80b |
Total assets | HK$71.49b |
Recent financial health updates
Is Lai Sun Development (HKG:488) A Risky Investment?
Mar 30Is Lai Sun Development (HKG:488) Weighed On By Its Debt Load?
Dec 16Recent updates
Lai Sun Development Company Limited's (HKG:488) Shares Bounce 49% But Its Business Still Trails The Industry
May 21Some Confidence Is Lacking In Lai Sun Development Company Limited's (HKG:488) P/S
Apr 02Bullish: This Analyst Just Lifted Their Lai Sun Development Company Limited (HKG:488) Outlook For This Year
Mar 28Is Lai Sun Development (HKG:488) A Risky Investment?
Mar 30How Should Investors Feel About Lai Sun Development's (HKG:488) CEO Remuneration?
Feb 22What Type Of Returns Would Lai Sun Development's(HKG:488) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 27What Kind Of Shareholders Hold The Majority In Lai Sun Development Company Limited's (HKG:488) Shares?
Jan 06Is Lai Sun Development (HKG:488) Weighed On By Its Debt Load?
Dec 16Cheuk Yi Yu Just Bought A Sprinkling of Shares In Lai Sun Development Company Limited (HKG:488)
Nov 25Does Lai Sun Development's (HKG:488) CEO Salary Compare Well With Industry Peers?
Nov 20Financial Position Analysis
Short Term Liabilities: 488's short term assets (HK$15.5B) exceed its short term liabilities (HK$6.7B).
Long Term Liabilities: 488's short term assets (HK$15.5B) do not cover its long term liabilities (HK$30.1B).
Debt to Equity History and Analysis
Debt Level: 488's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: 488's debt to equity ratio has increased from 39.4% to 76.8% over the past 5 years.
Debt Coverage: 488's debt is not well covered by operating cash flow (0.1%).
Interest Coverage: Insufficient data to determine if 488's interest payments on its debt are well covered by EBIT.