HK Asia Holdings Balance Sheet Health
Financial Health criteria checks 6/6
HK Asia Holdings has a total shareholder equity of HK$105.2M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$136.9M and HK$31.6M respectively. HK Asia Holdings's EBIT is HK$4.3M making its interest coverage ratio -3.5. It has cash and short-term investments of HK$66.8M.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | -3.5x |
Cash | HK$66.84m |
Equity | HK$105.23m |
Total liabilities | HK$31.62m |
Total assets | HK$136.85m |
Recent financial health updates
Here's Why HK Asia Holdings (HKG:1723) Can Manage Its Debt Responsibly
Mar 12Is HK Asia Holdings (HKG:1723) Using Too Much Debt?
Dec 12Recent updates
Here's What's Concerning About HK Asia Holdings' (HKG:1723) Returns On Capital
Nov 01There's Reason For Concern Over HK Asia Holdings Limited's (HKG:1723) Massive 29% Price Jump
Sep 10HK Asia Holdings Limited's (HKG:1723) Shares Climb 29% But Its Business Is Yet to Catch Up
Sep 10HK Asia Holdings' (HKG:1723) Strong Earnings Are Of Good Quality
Aug 01These Return Metrics Don't Make HK Asia Holdings (HKG:1723) Look Too Strong
Apr 11Earnings Not Telling The Story For HK Asia Holdings Limited (HKG:1723) After Shares Rise 47%
Feb 02There May Be Reason For Hope In HK Asia Holdings' (HKG:1723) Disappointing Earnings
Dec 28There Are Reasons To Feel Uneasy About HK Asia Holdings' (HKG:1723) Returns On Capital
Nov 16HK Asia Holdings' (HKG:1723) Returns On Capital Not Reflecting Well On The Business
Aug 15HK Asia Holdings (HKG:1723) Will Be Hoping To Turn Its Returns On Capital Around
May 16There Are Reasons To Feel Uneasy About HK Asia Holdings' (HKG:1723) Returns On Capital
Feb 03Investors Could Be Concerned With HK Asia Holdings' (HKG:1723) Returns On Capital
Sep 29HK Asia Holdings (HKG:1723) Could Be Struggling To Allocate Capital
Mar 09Returns On Capital Signal Tricky Times Ahead For HK Asia Holdings (HKG:1723)
Nov 03Returns On Capital Signal Tricky Times Ahead For HK Asia Holdings (HKG:1723)
Jul 29Here's Why HK Asia Holdings (HKG:1723) Can Manage Its Debt Responsibly
Mar 12Here's What HK Asia Holdings Limited's (HKG:1723) Shareholder Ownership Structure Looks Like
Feb 08Is HK Asia Holdings Limited's (HKG:1723) Recent Performance Tethered To Its Attractive Financial Prospects?
Jan 21What Type Of Returns Would HK Asia Holdings'(HKG:1723) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 06This Insider Has Just Sold Shares In HK Asia Holdings Limited (HKG:1723)
Dec 22Is HK Asia Holdings (HKG:1723) Using Too Much Debt?
Dec 12We Think HK Asia Holdings's (HKG:1723) Statutory Profit Might Understate Its Earnings Potential
Nov 27Financial Position Analysis
Short Term Liabilities: 1723's short term assets (HK$120.1M) exceed its short term liabilities (HK$31.4M).
Long Term Liabilities: 1723's short term assets (HK$120.1M) exceed its long term liabilities (HK$193.0K).
Debt to Equity History and Analysis
Debt Level: 1723 is debt free.
Reducing Debt: 1723 had no debt 5 years ago.
Debt Coverage: 1723 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1723 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/17 23:12 |
End of Day Share Price | 2024/12/17 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HK Asia Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|