Soundwill Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Soundwill Holdings has a total shareholder equity of HK$18.5B and total debt of HK$1.5B, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are HK$21.0B and HK$2.5B respectively. Soundwill Holdings's EBIT is HK$224.4M making its interest coverage ratio 8.3. It has cash and short-term investments of HK$503.1M.
Key information
8.2%
Debt to equity ratio
HK$1.52b
Debt
Interest coverage ratio | 8.3x |
Cash | HK$503.11m |
Equity | HK$18.46b |
Total liabilities | HK$2.54b |
Total assets | HK$21.00b |
Recent financial health updates
Recent updates
Soundwill Holdings (HKG:878) Has Affirmed Its Dividend Of HK$0.20
Apr 09Soundwill Holdings (HKG:878) Has Affirmed Its Dividend Of HK$0.20
Mar 26Soundwill Holdings (HKG:878) Has Announced A Dividend Of HK$0.20
Apr 28Tread With Caution Around Soundwill Holdings Limited's (HKG:878) 2.3% Dividend Yield
Apr 05What Percentage Of Soundwill Holdings Limited (HKG:878) Shares Do Insiders Own?
Mar 10Who Has Been Buying Soundwill Holdings Limited (HKG:878) Shares?
Feb 09What Type Of Returns Would Soundwill Holdings'(HKG:878) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 12Factors Income Investors Should Consider Before Adding Soundwill Holdings Limited (HKG:878) To Their Portfolio
Dec 16Is Soundwill Holdings (HKG:878) Using Too Much Debt?
Nov 24Financial Position Analysis
Short Term Liabilities: 878's short term assets (HK$2.7B) exceed its short term liabilities (HK$1.5B).
Long Term Liabilities: 878's short term assets (HK$2.7B) exceed its long term liabilities (HK$1.1B).
Debt to Equity History and Analysis
Debt Level: 878's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 878's debt to equity ratio has increased from 7.6% to 8.2% over the past 5 years.
Debt Coverage: 878's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: 878's interest payments on its debt are well covered by EBIT (8.3x coverage).