Asia Commercial Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Asia Commercial Holdings has a total shareholder equity of HK$447.3M and total debt of HK$134.4M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are HK$743.9M and HK$296.6M respectively. Asia Commercial Holdings's EBIT is HK$146.2M making its interest coverage ratio 18.5. It has cash and short-term investments of HK$118.1M.
Key information
30.0%
Debt to equity ratio
HK$134.36m
Debt
| Interest coverage ratio | 18.5x |
| Cash | HK$118.08m |
| Equity | HK$447.26m |
| Total liabilities | HK$296.61m |
| Total assets | HK$743.87m |
Recent financial health updates
Asia Commercial Holdings (HKG:104) Seems To Use Debt Rather Sparingly
Nov 25
Is Asia Commercial Holdings (HKG:104) Using Too Much Debt?
Aug 16Asia Commercial Holdings (HKG:104) Has A Somewhat Strained Balance Sheet
Jan 21Is Asia Commercial Holdings (HKG:104) A Risky Investment?
Aug 30We Think Asia Commercial Holdings (HKG:104) Can Manage Its Debt With Ease
Nov 23Is Asia Commercial Holdings (HKG:104) A Risky Investment?
Jul 01Recent updates
Asia Commercial Holdings Limited's (HKG:104) Business And Shares Still Trailing The Market
May 13Asia Commercial Holdings (HKG:104) Seems To Use Debt Rather Sparingly
Nov 25Is Asia Commercial Holdings (HKG:104) Using Too Much Debt?
Aug 16Asia Commercial Holdings (HKG:104) Could Become A Multi-Bagger
Jun 27Asia Commercial Holdings (HKG:104) Has A Somewhat Strained Balance Sheet
Jan 21Is Asia Commercial Holdings (HKG:104) A Risky Investment?
Aug 30Asia Commercial Holdings (HKG:104) Is Investing Its Capital With Increasing Efficiency
Jun 07We Think Asia Commercial Holdings (HKG:104) Can Manage Its Debt With Ease
Nov 23The Strong Earnings Posted By Asia Commercial Holdings (HKG:104) Are A Good Indication Of The Strength Of The Business
Aug 03Is Asia Commercial Holdings (HKG:104) A Risky Investment?
Jul 01Returns On Capital - An Important Metric For Asia Commercial Holdings (HKG:104)
Mar 11Does Asia Commercial Holdings (HKG:104) Have A Healthy Balance Sheet?
Jan 17
What Can The Trends At Asia Commercial Holdings (HKG:104) Tell Us About Their Returns?
Nov 26Financial Position Analysis
Short Term Liabilities: 104's short term assets (HK$287.2M) exceed its short term liabilities (HK$244.5M).
Long Term Liabilities: 104's short term assets (HK$287.2M) exceed its long term liabilities (HK$52.1M).
Debt to Equity History and Analysis
Debt Level: 104's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: 104's debt to equity ratio has increased from 5.5% to 30% over the past 5 years.
Debt Coverage: 104's debt is well covered by operating cash flow (78.5%).
Interest Coverage: 104's interest payments on its debt are well covered by EBIT (18.5x coverage).