Hang Lung Properties Balance Sheet Health
Financial Health criteria checks 3/6
Hang Lung Properties has a total shareholder equity of HK$141.9B and total debt of HK$53.8B, which brings its debt-to-equity ratio to 37.9%. Its total assets and total liabilities are HK$218.9B and HK$77.0B respectively. Hang Lung Properties's EBIT is HK$6.4B making its interest coverage ratio 9.1. It has cash and short-term investments of HK$6.5B.
Key information
37.9%
Debt to equity ratio
HK$53.83b
Debt
| Interest coverage ratio | 9.1x |
| Cash | HK$6.46b |
| Equity | HK$141.90b |
| Total liabilities | HK$77.04b |
| Total assets | HK$218.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 101's short term assets (HK$24.3B) exceed its short term liabilities (HK$16.0B).
Long Term Liabilities: 101's short term assets (HK$24.3B) do not cover its long term liabilities (HK$61.0B).
Debt to Equity History and Analysis
Debt Level: 101's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: 101's debt to equity ratio has increased from 22.3% to 37.9% over the past 5 years.
Debt Coverage: 101's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 101's interest payments on its debt are well covered by EBIT (9.1x coverage).