Kantone Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Kantone Holdings has a total shareholder equity of HK$140.9M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$217.4M and HK$76.5M respectively. Kantone Holdings's EBIT is HK$11.4M making its interest coverage ratio 34. It has cash and short-term investments of HK$107.1M.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | 34x |
Cash | HK$107.13m |
Equity | HK$140.89m |
Total liabilities | HK$76.48m |
Total assets | HK$217.37m |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put Kantone Holdings (HKG:1059) On Your Watchlist?
Apr 09Not Many Are Piling Into Kantone Holdings Limited (HKG:1059) Stock Yet As It Plummets 33%
Jan 25Kantone Holdings' (HKG:1059) Earnings Are Built On Soft Foundations
Nov 03Kantone Holdings (HKG:1059) Is Doing The Right Things To Multiply Its Share Price
Aug 30Financial Position Analysis
Short Term Liabilities: 1059's short term assets (HK$163.6M) exceed its short term liabilities (HK$73.9M).
Long Term Liabilities: 1059's short term assets (HK$163.6M) exceed its long term liabilities (HK$2.5M).
Debt to Equity History and Analysis
Debt Level: 1059 is debt free.
Reducing Debt: 1059 has no debt compared to 5 years ago when its debt to equity ratio was 6%.
Debt Coverage: 1059 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1059 has no debt, therefore coverage of interest payments is not a concern.