Sun Hung Kai Properties Balance Sheet Health
Financial Health criteria checks 4/6
Sun Hung Kai Properties has a total shareholder equity of HK$611.1B and total debt of HK$127.1B, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are HK$818.1B and HK$207.0B respectively. Sun Hung Kai Properties's EBIT is HK$26.3B making its interest coverage ratio 7.7. It has cash and short-term investments of HK$16.9B.
Key information
20.8%
Debt to equity ratio
HK$127.09b
Debt
| Interest coverage ratio | 7.7x |
| Cash | HK$16.92b |
| Equity | HK$611.07b |
| Total liabilities | HK$207.02b |
| Total assets | HK$818.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 16's short term assets (HK$248.7B) exceed its short term liabilities (HK$62.0B).
Long Term Liabilities: 16's short term assets (HK$248.7B) exceed its long term liabilities (HK$145.0B).
Debt to Equity History and Analysis
Debt Level: 16's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 16's debt to equity ratio has increased from 16.5% to 20.8% over the past 5 years.
Debt Coverage: 16's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 16's interest payments on its debt are well covered by EBIT (7.7x coverage).