Kerry Properties Balance Sheet Health
Financial Health criteria checks 3/6
Kerry Properties has a total shareholder equity of HK$121.2B and total debt of HK$57.8B, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are HK$208.4B and HK$87.3B respectively. Kerry Properties's EBIT is HK$5.2B making its interest coverage ratio 60. It has cash and short-term investments of HK$14.8B.
Key information
47.7%
Debt to equity ratio
HK$57.76b
Debt
Interest coverage ratio | 60x |
Cash | HK$14.84b |
Equity | HK$121.16b |
Total liabilities | HK$87.28b |
Total assets | HK$208.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 683's short term assets (HK$58.4B) exceed its short term liabilities (HK$25.8B).
Long Term Liabilities: 683's short term assets (HK$58.4B) do not cover its long term liabilities (HK$61.4B).
Debt to Equity History and Analysis
Debt Level: 683's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 683's debt to equity ratio has increased from 31.8% to 47.7% over the past 5 years.
Debt Coverage: 683's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 683's interest payments on its debt are well covered by EBIT (60x coverage).