HK Asia Holdings Balance Sheet Health
Financial Health criteria checks 6/6
HK Asia Holdings has a total shareholder equity of HK$120.5M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$132.0M and HK$11.4M respectively. HK Asia Holdings's EBIT is HK$8.5M making its interest coverage ratio -8.1. It has cash and short-term investments of HK$67.0M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -8.1x |
| Cash | HK$67.00m |
| Equity | HK$120.54m |
| Total liabilities | HK$11.42m |
| Total assets | HK$131.95m |
Recent financial health updates
Here's Why HK Asia Holdings (HKG:1723) Can Manage Its Debt Responsibly
Mar 12
Is HK Asia Holdings (HKG:1723) Using Too Much Debt?
Dec 12
Recent updates
These 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$111.9M) exceed its short term liabilities (HK$8.9M).
Long Term Liabilities: 1723's short term assets (HK$111.9M) exceed its long term liabilities (HK$2.5M).
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.