Harbour Centre Development Balance Sheet Health
Financial Health criteria checks 5/6
Harbour Centre Development has a total shareholder equity of HK$14.0B and total debt of HK$399.0M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are HK$15.7B and HK$1.7B respectively. Harbour Centre Development's EBIT is HK$29.0M making its interest coverage ratio 1.2. It has cash and short-term investments of HK$269.0M.
Key information
2.9%
Debt to equity ratio
HK$399.00m
Debt
| Interest coverage ratio | 1.2x |
| Cash | HK$269.00m |
| Equity | HK$13.99b |
| Total liabilities | HK$1.71b |
| Total assets | HK$15.70b |
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$1.5B) exceed its short term liabilities (HK$1.2B).
Long Term Liabilities: 51's short term assets (HK$1.5B) exceed its long term liabilities (HK$466.0M).
Debt to Equity History and Analysis
Debt Level: 51's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 51's debt to equity ratio has reduced from 14.2% to 2.9% over the past 5 years.
Debt Coverage: 51's debt is well covered by operating cash flow (42.9%).
Interest Coverage: 51's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 10:19 |
| End of Day Share Price | 2025/01/03 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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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
Harbour Centre Development 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 |
|---|---|
| Marco Mak | Haitong International Research Limited (Inactive) |
| Satish Kambhampati | Virtua Research Inc. |