Giordano International Balance Sheet Health
Financial Health criteria checks 6/6
Giordano International has a total shareholder equity of HK$2.3B and total debt of HK$30.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are HK$3.9B and HK$1.5B respectively. Giordano International's EBIT is HK$487.0M making its interest coverage ratio 34.8. It has cash and short-term investments of HK$935.0M.
Key information
1.3%
Debt to equity ratio
HK$30.00m
Debt
| Interest coverage ratio | 34.8x |
| Cash | HK$935.00m |
| Equity | HK$2.31b |
| Total liabilities | HK$1.54b |
| Total assets | HK$3.86b |
Recent financial health updates
No updates
Recent updates
An Intrinsic Calculation For Giordano International Limited (HKG:709) Suggests It's 31% Undervalued
Jun 24
Analyst Forecasts Just Became More Bearish On Giordano International Limited (HKG:709)
Aug 12Giordano International's(HKG:709) Share Price Is Down 65% Over The Past Three Years.
Mar 16A Look At The Intrinsic Value Of Giordano International Limited (HKG:709)
Feb 16How Does Giordano International Limited (HKG:709) Fare As A Dividend Stock?
Jan 19How Much Did Giordano International's(HKG:709) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 14
How Well Is Giordano International (HKG:709) Allocating Its Capital?
Nov 23Financial Position Analysis
Short Term Liabilities: 709's short term assets (HK$1.7B) exceed its short term liabilities (HK$1.1B).
Long Term Liabilities: 709's short term assets (HK$1.7B) exceed its long term liabilities (HK$448.0M).
Debt to Equity History and Analysis
Debt Level: 709 has more cash than its total debt.
Reducing Debt: 709's debt to equity ratio has reduced from 9.9% to 1.3% over the past 5 years.
Debt Coverage: 709's debt is well covered by operating cash flow (2930%).
Interest Coverage: 709's interest payments on its debt are well covered by EBIT (34.8x coverage).