Kerry Properties Balance Sheet Health
Financial Health criteria checks 3/6
Kerry Properties has a total shareholder equity of HK$118.4B and total debt of HK$63.4B, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are HK$210.5B and HK$92.1B respectively. Kerry Properties's EBIT is HK$4.6B making its interest coverage ratio -127. It has cash and short-term investments of HK$12.0B.
Key information
53.6%
Debt to equity ratio
HK$63.45b
Debt
| Interest coverage ratio | -127x |
| Cash | HK$12.01b |
| Equity | HK$118.41b |
| Total liabilities | HK$92.12b |
| Total assets | HK$210.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 683's short term assets (HK$71.2B) exceed its short term liabilities (HK$26.2B).
Long Term Liabilities: 683's short term assets (HK$71.2B) exceed its long term liabilities (HK$65.9B).
Debt to Equity History and Analysis
Debt Level: 683's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: 683's debt to equity ratio has increased from 35.4% to 53.6% over the past 5 years.
Debt Coverage: 683's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: 683 earns more interest than it pays, so coverage of interest payments is not a concern.