FIT Hon Teng Balance Sheet Health
Financial Health criteria checks 5/6
FIT Hon Teng has a total shareholder equity of $2.4B and total debt of $1.5B, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are $5.0B and $2.6B respectively. FIT Hon Teng's EBIT is $266.2M making its interest coverage ratio 5.7. It has cash and short-term investments of $1.2B.
Key information
62.9%
Debt to equity ratio
US$1.50b
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$1.21b |
| Equity | US$2.39b |
| Total liabilities | US$2.58b |
| Total assets | US$4.96b |
Recent financial health updates
Here's Why FIT Hon Teng (HKG:6088) Can Manage Its Debt Responsibly
Aug 09
Is FIT Hon Teng (HKG:6088) A Risky Investment?
Mar 15These 4 Measures Indicate That FIT Hon Teng (HKG:6088) Is Using Debt Reasonably Well
Sep 06FIT Hon Teng (HKG:6088) Has A Pretty Healthy Balance Sheet
Apr 08These 4 Measures Indicate That FIT Hon Teng (HKG:6088) Is Using Debt Extensively
Aug 16Does FIT Hon Teng (HKG:6088) Have A Healthy Balance Sheet?
Apr 20Recent updates
FIT Hon Teng (HKG:6088) Has More To Do To Multiply In Value Going Forward
Sep 02Does This Valuation Of FIT Hon Teng Limited (HKG:6088) Imply Investors Are Overpaying?
Aug 13With A 26% Price Drop For FIT Hon Teng Limited (HKG:6088) You'll Still Get What You Pay For
Jul 29At HK$2.63, Is FIT Hon Teng Limited (HKG:6088) Worth Looking At Closely?
Jul 26FIT Hon Teng Limited (HKG:6088) Looks Just Right With A 26% Price Jump
Jun 10Investors Could Be Concerned With FIT Hon Teng's (HKG:6088) Returns On Capital
Apr 25FIT Hon Teng Limited (HKG:6088) Looks Just Right With A 28% Price Jump
Mar 11Should You Investigate FIT Hon Teng Limited (HKG:6088) At HK$1.02?
Feb 23FIT Hon Teng (HKG:6088) Will Be Looking To Turn Around Its Returns
Jan 08Is It Too Late To Consider Buying FIT Hon Teng Limited (HKG:6088)?
Oct 11Returns On Capital Signal Difficult Times Ahead For FIT Hon Teng (HKG:6088)
Sep 14Here's Why FIT Hon Teng (HKG:6088) Can Manage Its Debt Responsibly
Aug 09Why FIT Hon Teng Limited (HKG:6088) Could Be Worth Watching
Jun 20FIT Hon Teng Limited (HKG:6088) Shares Could Be 49% Below Their Intrinsic Value Estimate
May 23FIT Hon Teng (HKG:6088) Has Some Way To Go To Become A Multi-Bagger
Apr 24Is FIT Hon Teng (HKG:6088) A Risky Investment?
Mar 15Why FIT Hon Teng Limited (HKG:6088) Could Be Worth Watching
Jan 11FIT Hon Teng Limited (HKG:6088) Shares Could Be 36% Below Their Intrinsic Value Estimate
Dec 21These 4 Measures Indicate That FIT Hon Teng (HKG:6088) Is Using Debt Reasonably Well
Sep 06The Returns On Capital At FIT Hon Teng (HKG:6088) Don't Inspire Confidence
Aug 03Investors Could Be Concerned With FIT Hon Teng's (HKG:6088) Returns On Capital
May 04FIT Hon Teng (HKG:6088) Has A Pretty Healthy Balance Sheet
Apr 08Returns On Capital At FIT Hon Teng (HKG:6088) Paint A Concerning Picture
Dec 28FIT Hon Teng (HKG:6088) Could Be Struggling To Allocate Capital
Sep 20These 4 Measures Indicate That FIT Hon Teng (HKG:6088) Is Using Debt Extensively
Aug 16We Discuss Why FIT Hon Teng Limited's (HKG:6088) CEO Compensation May Be Closely Reviewed
Jun 18Investors Can Find Comfort In FIT Hon Teng's (HKG:6088) Earnings Quality
May 07Does FIT Hon Teng (HKG:6088) Have A Healthy Balance Sheet?
Apr 20Returns On Capital At FIT Hon Teng (HKG:6088) Paint A Concerning Picture
Mar 30FIT Hon Teng Limited's (HKG:6088) Intrinsic Value Is Potentially 72% Above Its Share Price
Mar 09Have Insiders Been Selling FIT Hon Teng Limited (HKG:6088) Shares?
Feb 19
If You Had Bought FIT Hon Teng's (HKG:6088) Shares Three Years Ago You Would Be Down 37%
Feb 01Is FIT Hon Teng Limited's (HKG:6088) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 14Should You Be Impressed By FIT Hon Teng's (HKG:6088) Returns on Capital?
Dec 28Financial Position Analysis
Short Term Liabilities: 6088's short term assets ($3.0B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: 6088's short term assets ($3.0B) exceed its long term liabilities ($684.1M).
Debt to Equity History and Analysis
Debt Level: 6088's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: 6088's debt to equity ratio has increased from 45.2% to 62.9% over the past 5 years.
Debt Coverage: 6088's debt is well covered by operating cash flow (38.2%).
Interest Coverage: 6088's interest payments on its debt are well covered by EBIT (5.7x coverage).