Wine's Link International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Wine's Link International Holdings has a total shareholder equity of HK$267.0M and total debt of HK$129.2M, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are HK$423.4M and HK$156.4M respectively. Wine's Link International Holdings's EBIT is HK$31.0M making its interest coverage ratio 3.9. It has cash and short-term investments of HK$105.0K.
Key information
48.4%
Debt to equity ratio
HK$129.23m
Debt
Interest coverage ratio | 3.9x |
Cash | HK$105.00k |
Equity | HK$267.03m |
Total liabilities | HK$156.35m |
Total assets | HK$423.38m |
Recent financial health updates
Is Wine's Link International Holdings (HKG:8509) Using Too Much Debt?
Mar 07Wine's Link International Holdings (HKG:8509) Has A Pretty Healthy Balance Sheet
Sep 29Wine's Link International Holdings (HKG:8509) Seems To Use Debt Quite Sensibly
Jun 21Does Wine's Link International Holdings (HKG:8509) Have A Healthy Balance Sheet?
Dec 28We Think Wine's Link International Holdings (HKG:8509) Is Taking Some Risk With Its Debt
Jun 26Does Wine's Link International Holdings (HKG:8509) Have A Healthy Balance Sheet?
Feb 22Recent updates
Wine's Link International Holdings Limited (HKG:8509) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
Mar 27Is Wine's Link International Holdings (HKG:8509) Using Too Much Debt?
Mar 07Wine's Link International Holdings Limited's (HKG:8509) Share Price Not Quite Adding Up
Dec 28Wine's Link International Holdings (HKG:8509) Could Be Struggling To Allocate Capital
Nov 04Wine's Link International Holdings (HKG:8509) Has A Pretty Healthy Balance Sheet
Sep 29Wine's Link International Holdings (HKG:8509) Will Be Hoping To Turn Its Returns On Capital Around
Jul 28Wine's Link International Holdings (HKG:8509) Seems To Use Debt Quite Sensibly
Jun 21Returns On Capital At Wine's Link International Holdings (HKG:8509) Paint A Concerning Picture
Apr 28Does Wine's Link International Holdings (HKG:8509) Have A Healthy Balance Sheet?
Dec 28Returns On Capital At Wine's Link International Holdings (HKG:8509) Paint A Concerning Picture
Nov 02Wine's Link International Holdings (HKG:8509) Is Reinvesting At Lower Rates Of Return
Aug 04We Think Wine's Link International Holdings (HKG:8509) Is Taking Some Risk With Its Debt
Jun 26Wine's Link International Holdings (HKG:8509) Will Want To Turn Around Its Return Trends
Apr 17Does Wine's Link International Holdings (HKG:8509) Have A Healthy Balance Sheet?
Feb 22Wine's Link International Holdings' (HKG:8509) Returns On Capital Not Reflecting Well On The Business
Dec 08Wine's Link International Holdings (HKG:8509) Seems To Use Debt Rather Sparingly
Nov 12There Could Be A Chance Wine's Link International Holdings Limited's (HKG:8509) CEO Will Have Their Compensation Increased
Sep 06The Strong Earnings Posted By Wine's Link International Holdings (HKG:8509) Are A Good Indication Of The Strength Of The Business
Aug 08Wine's Link International Holdings (HKG:8509) Could Be Struggling To Allocate Capital
Jul 05Here's Why Wine's Link International Holdings (HKG:8509) Is Weighed Down By Its Debt Load
Mar 17How Much is Wine's Link International Holdings' (HKG:8509) CEO Getting Paid?
Feb 16Calculating The Fair Value Of Wine's Link International Holdings Limited (HKG:8509)
Jan 26Is Wine's Link International Holdings Limited's (HKG:8509) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 06Is Wine's Link International Holdings (HKG:8509) Likely To Turn Things Around?
Dec 16Financial Position Analysis
Short Term Liabilities: 8509's short term assets (HK$269.1M) exceed its short term liabilities (HK$156.3M).
Long Term Liabilities: 8509's short term assets (HK$269.1M) exceed its long term liabilities (HK$60.0K).
Debt to Equity History and Analysis
Debt Level: 8509's net debt to equity ratio (48.4%) is considered high.
Reducing Debt: 8509's debt to equity ratio has reduced from 96.9% to 48.4% over the past 5 years.
Debt Coverage: 8509's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 8509's interest payments on its debt are well covered by EBIT (3.9x coverage).