King Fook Holdings Balance Sheet Health
Financial Health criteria checks 5/6
King Fook Holdings has a total shareholder equity of HK$719.7M and total debt of HK$50.8M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are HK$971.3M and HK$251.6M respectively. King Fook Holdings's EBIT is HK$80.2M making its interest coverage ratio -7.1. It has cash and short-term investments of HK$483.1M.
Key information
7.1%
Debt to equity ratio
HK$50.84m
Debt
| Interest coverage ratio | -7.1x |
| Cash | HK$483.14m |
| Equity | HK$719.71m |
| Total liabilities | HK$251.57m |
| Total assets | HK$971.27m |
Recent financial health updates
King Fook Holdings (HKG:280) Could Easily Take On More Debt
Mar 15
We Think King Fook Holdings (HKG:280) Can Manage Its Debt With Ease
Nov 30We Think King Fook Holdings (HKG:280) Can Manage Its Debt With Ease
Dec 16Recent updates
King Fook Holdings (HKG:280) Is Doing The Right Things To Multiply Its Share Price
Mar 12The Return Trends At King Fook Holdings (HKG:280) Look Promising
Sep 12King Fook Holdings (HKG:280) Might Have The Makings Of A Multi-Bagger
May 04King Fook Holdings (HKG:280) Could Easily Take On More Debt
Mar 15We Think King Fook Holdings (HKG:280) Can Manage Its Debt With Ease
Nov 30It's Unlikely That King Fook Holdings Limited's (HKG:280) CEO Will See A Huge Pay Rise This Year
Sep 02We Like These Underlying Return On Capital Trends At King Fook Holdings (HKG:280)
Aug 06King Fook Holdings (HKG:280) Is Experiencing Growth In Returns On Capital
Mar 24How Does King Fook Holdings' (HKG:280) CEO Pay Compare With Company Performance?
Feb 17Here's Why King Fook Holdings's (HKG:280) Statutory Earnings Are Arguably Too Conservative
Jan 27
King Fook Holdings Limited's (HKG:280) Popularity With Investors Is Under Threat From Overpricing
Jan 06We Think King Fook Holdings (HKG:280) Can Manage Its Debt With Ease
Dec 16What We Make Of King Fook Holdings' (HKG:280) Returns On Capital
Nov 20Financial Position Analysis
Short Term Liabilities: 280's short term assets (HK$913.5M) exceed its short term liabilities (HK$228.7M).
Long Term Liabilities: 280's short term assets (HK$913.5M) exceed its long term liabilities (HK$22.9M).
Debt to Equity History and Analysis
Debt Level: 280 has more cash than its total debt.
Reducing Debt: 280's debt to equity ratio has increased from 6.8% to 7.1% over the past 5 years.
Debt Coverage: 280's debt is well covered by operating cash flow (255.4%).
Interest Coverage: 280 earns more interest than it pays, so coverage of interest payments is not a concern.