Willas-Array Electronics (Holdings) Balance Sheet Health
Financial Health criteria checks 3/6
Willas-Array Electronics (Holdings) has a total shareholder equity of HK$574.5M and total debt of HK$662.9M, which brings its debt-to-equity ratio to 115.4%. Its total assets and total liabilities are HK$1.7B and HK$1.2B respectively.
Key information
115.4%
Debt to equity ratio
HK$662.91m
Debt
Interest coverage ratio | n/a |
Cash | HK$58.00m |
Equity | HK$574.54m |
Total liabilities | HK$1.17b |
Total assets | HK$1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 854's short term assets (HK$1.5B) exceed its short term liabilities (HK$1.1B).
Long Term Liabilities: 854's short term assets (HK$1.5B) exceed its long term liabilities (HK$29.3M).
Debt to Equity History and Analysis
Debt Level: 854's net debt to equity ratio (105.3%) is considered high.
Reducing Debt: 854's debt to equity ratio has reduced from 187.8% to 115.4% over the past 5 years.
Debt Coverage: 854's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 854's interest payments on its debt are well covered by EBIT.