Harbour Centre Development Balance Sheet Health
Financial Health criteria checks 4/6
Harbour Centre Development has a total shareholder equity of HK$14.4B and total debt of HK$526.0M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are HK$16.9B and HK$2.5B respectively.
Key information
3.6%
Debt to equity ratio
HK$526.00m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$381.00m |
| Equity | HK$14.44b |
| Total liabilities | HK$2.46b |
| Total assets | HK$16.90b |
Recent financial health updates
Is Harbour Centre Development (HKG:51) A Risky Investment?
Dec 09
Harbour Centre Development (HKG:51) Has A Somewhat Strained Balance Sheet
Apr 09Is Harbour Centre Development (HKG:51) Using Too Much Debt?
Dec 07Recent updates
Is Harbour Centre Development (HKG:51) A Risky Investment?
Dec 09Harbour Centre Development (HKG:51) Has A Somewhat Strained Balance Sheet
Apr 09Harbour Centre Development's (HKG:51) Stock Price Has Reduced 47% In The Past Three Years
Mar 05Is Harbour Centre Development Limited (HKG:51) Popular Amongst Institutions?
Jan 29Is Harbour Centre Development (HKG:51) Using Too Much Debt?
Dec 07Financial Position Analysis
Short Term Liabilities: 51's short term assets (HK$1.7B) do not cover its short term liabilities (HK$1.7B).
Long Term Liabilities: 51's short term assets (HK$1.7B) exceed its long term liabilities (HK$777.0M).
Debt to Equity History and Analysis
Debt Level: 51's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: 51's debt to equity ratio has reduced from 15.7% to 3.6% over the past 5 years.
Debt Coverage: 51's debt is well covered by operating cash flow (52.9%).
Interest Coverage: Insufficient data to determine if 51's interest payments on its debt are well covered by EBIT.