Hi-Level Technology Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Hi-Level Technology Holdings has a total shareholder equity of HK$69.3M and total debt of HK$117.5M, which brings its debt-to-equity ratio to 169.6%. Its total assets and total liabilities are HK$316.1M and HK$246.8M respectively. Hi-Level Technology Holdings's EBIT is HK$9.9M making its interest coverage ratio 1.2. It has cash and short-term investments of HK$59.7M.
Key information
169.6%
Debt to equity ratio
HK$117.52m
Debt
Interest coverage ratio | 1.2x |
Cash | HK$59.72m |
Equity | HK$69.28m |
Total liabilities | HK$246.80m |
Total assets | HK$316.08m |
Recent financial health updates
Here's Why Hi-Level Technology Holdings (HKG:8113) Has A Meaningful Debt Burden
Apr 10Is Hi-Level Technology Holdings (HKG:8113) Using Debt In A Risky Way?
Aug 16Does Hi-Level Technology Holdings (HKG:8113) Have A Healthy Balance Sheet?
Mar 31Is Hi-Level Technology Holdings (HKG:8113) Weighed On By Its Debt Load?
Sep 01Is Hi-Level Technology Holdings (HKG:8113) Using Too Much Debt?
May 03Recent updates
Here's Why Hi-Level Technology Holdings (HKG:8113) Has A Meaningful Debt Burden
Apr 10Is Hi-Level Technology Holdings (HKG:8113) Using Debt In A Risky Way?
Aug 16Does Hi-Level Technology Holdings (HKG:8113) Have A Healthy Balance Sheet?
Mar 31Is Hi-Level Technology Holdings (HKG:8113) Weighed On By Its Debt Load?
Sep 01Most Shareholders Will Probably Find That The Compensation For Hi-Level Technology Holdings Limited's (HKG:8113) CEO Is Reasonable
May 11Is Hi-Level Technology Holdings (HKG:8113) Using Too Much Debt?
May 03Be Wary Of Hi-Level Technology Holdings (HKG:8113) And Its Returns On Capital
Apr 09Have Insiders Been Buying Hi-Level Technology Holdings Limited (HKG:8113) Shares This Year?
Mar 19Declining Stock and Decent Financials: Is The Market Wrong About Hi-Level Technology Holdings Limited (HKG:8113)?
Feb 19The Trends At Hi-Level Technology Holdings (HKG:8113) That You Should Know About
Dec 29How Much Is Hi-Level Technology Holdings' (HKG:8113) CEO Getting Paid?
Dec 01Financial Position Analysis
Short Term Liabilities: 8113's short term assets (HK$315.2M) exceed its short term liabilities (HK$246.8M).
Long Term Liabilities: 8113 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8113's net debt to equity ratio (83.4%) is considered high.
Reducing Debt: 8113's debt to equity ratio has reduced from 219.2% to 169.6% over the past 5 years.
Debt Coverage: 8113's debt is well covered by operating cash flow (37%).
Interest Coverage: 8113's interest payments on its debt are not well covered by EBIT (1.2x coverage).