Asia Commercial Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Asia Commercial Holdings has a total shareholder equity of HK$444.5M and total debt of HK$158.8M, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are HK$772.6M and HK$328.1M respectively. Asia Commercial Holdings's EBIT is HK$105.4M making its interest coverage ratio 13.1. It has cash and short-term investments of HK$165.0M.
Key information
35.7%
Debt to equity ratio
HK$158.84m
Debt
| Interest coverage ratio | 13.1x |
| Cash | HK$164.96m |
| Equity | HK$444.52m |
| Total liabilities | HK$328.09m |
| Total assets | HK$772.61m |
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
We Think You Can Look Beyond Asia Commercial Holdings' (HKG:104) Lackluster Earnings
Jul 24Earnings Working Against Asia Commercial Holdings Limited's (HKG:104) Share Price Following 25% Dive
Jun 27Asia 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$349.0M) exceed its short term liabilities (HK$276.4M).
Long Term Liabilities: 104's short term assets (HK$349.0M) exceed its long term liabilities (HK$51.6M).
Debt to Equity History and Analysis
Debt Level: 104 has more cash than its total debt.
Reducing Debt: 104's debt to equity ratio has increased from 25% to 35.7% over the past 5 years.
Debt Coverage: 104's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 104's interest payments on its debt are well covered by EBIT (13.1x coverage).