Keen Ocean International Holding Balance Sheet Health
Financial Health criteria checks 6/6
Keen Ocean International Holding has a total shareholder equity of HK$107.3M and total debt of HK$29.9M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are HK$233.0M and HK$125.8M respectively. Keen Ocean International Holding's EBIT is HK$18.6M making its interest coverage ratio -101.5. It has cash and short-term investments of HK$88.2M.
Key information
27.8%
Debt to equity ratio
HK$29.87m
Debt
| Interest coverage ratio | -101.5x |
| Cash | HK$88.19m |
| Equity | HK$107.26m |
| Total liabilities | HK$125.77m |
| Total assets | HK$233.04m |
Recent financial health updates
Does Keen Ocean International Holding (HKG:8070) Have A Healthy Balance Sheet?
Sep 26
Is Keen Ocean International Holding (HKG:8070) Using Too Much Debt?
Oct 19We Think Keen Ocean International Holding (HKG:8070) Is Taking Some Risk With Its Debt
Jun 28Keen Ocean International Holding (HKG:8070) Takes On Some Risk With Its Use Of Debt
Sep 20Is Keen Ocean International Holding (HKG:8070) A Risky Investment?
Mar 23Here's Why Keen Ocean International Holding (HKG:8070) Has A Meaningful Debt Burden
Nov 26Recent updates
Does Keen Ocean International Holding (HKG:8070) Have A Healthy Balance Sheet?
Sep 26Slammed 29% Keen Ocean International Holding Limited (HKG:8070) Screens Well Here But There Might Be A Catch
Aug 12The Return Trends At Keen Ocean International Holding (HKG:8070) Look Promising
Aug 09There Could Be A Chance Keen Ocean International Holding Limited's (HKG:8070) CEO Will Have Their Compensation Increased
Jun 06Why Keen Ocean International Holding's (HKG:8070) Earnings Are Better Than They Seem
May 03It's Down 31% But Keen Ocean International Holding Limited (HKG:8070) Could Be Riskier Than It Looks
Apr 25Investors Still Aren't Entirely Convinced By Keen Ocean International Holding Limited's (HKG:8070) Earnings Despite 30% Price Jump
Feb 15Does Keen Ocean International Holding (HKG:8070) Deserve A Spot On Your Watchlist?
Jan 08Is Keen Ocean International Holding (HKG:8070) Using Too Much Debt?
Oct 19We Think Keen Ocean International Holding (HKG:8070) Is Taking Some Risk With Its Debt
Jun 28Why The 31% Return On Capital At Keen Ocean International Holding (HKG:8070) Should Have Your Attention
May 13Here's Why Keen Ocean International Holding (HKG:8070) Has Caught The Eye Of Investors
Mar 10Is Now The Time To Put Keen Ocean International Holding (HKG:8070) On Your Watchlist?
Nov 17If EPS Growth Is Important To You, Keen Ocean International Holding (HKG:8070) Presents An Opportunity
Jul 06Lacklustre Performance Is Driving Keen Ocean International Holding Limited's (HKG:8070) Low P/E
May 13Keen Ocean International Holding (HKG:8070) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 07Here's Why We Think Keen Ocean International Holding (HKG:8070) Is Well Worth Watching
Nov 24Keen Ocean International Holding (HKG:8070) Takes On Some Risk With Its Use Of Debt
Sep 20Shareholders Will Probably Not Have Any Issues With Keen Ocean International Holding Limited's (HKG:8070) CEO Compensation
May 31Is Keen Ocean International Holding (HKG:8070) A Risky Investment?
Mar 23Here's Why Keen Ocean International Holding (HKG:8070) Has A Meaningful Debt Burden
Nov 26Financial Position Analysis
Short Term Liabilities: 8070's short term assets (HK$192.8M) exceed its short term liabilities (HK$125.8M).
Long Term Liabilities: 8070 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8070 has more cash than its total debt.
Reducing Debt: 8070's debt to equity ratio has reduced from 46.2% to 27.8% over the past 5 years.
Debt Coverage: 8070's debt is well covered by operating cash flow (239.1%).
Interest Coverage: 8070 earns more interest than it pays, so coverage of interest payments is not a concern.