Wharf Real Estate Investment Balance Sheet Health
Financial Health criteria checks 2/6
Wharf Real Estate Investment has a total shareholder equity of HK$191.6B and total debt of HK$38.1B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are HK$238.9B and HK$47.4B respectively. Wharf Real Estate Investment's EBIT is HK$10.0B making its interest coverage ratio 5. It has cash and short-term investments of HK$1.1B.
Key information
19.9%
Debt to equity ratio
HK$38.05b
Debt
| Interest coverage ratio | 5x |
| Cash | HK$1.12b |
| Equity | HK$191.57b |
| Total liabilities | HK$47.37b |
| Total assets | HK$238.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1997's short term assets (HK$3.1B) do not cover its short term liabilities (HK$18.0B).
Long Term Liabilities: 1997's short term assets (HK$3.1B) do not cover its long term liabilities (HK$29.4B).
Debt to Equity History and Analysis
Debt Level: 1997's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 1997's debt to equity ratio has increased from 17.4% to 19.9% over the past 5 years.
Debt Coverage: 1997's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: 1997's interest payments on its debt are well covered by EBIT (5x coverage).