Wong's International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Wong's International Holdings has a total shareholder equity of HK$4.5B and total debt of HK$1.8B, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are HK$7.3B and HK$2.8B respectively. Wong's International Holdings's EBIT is HK$238.2M making its interest coverage ratio 3.7. It has cash and short-term investments of HK$1.2B.
Key information
40.1%
Debt to equity ratio
HK$1.79b
Debt
| Interest coverage ratio | 3.7x |
| Cash | HK$1.23b |
| Equity | HK$4.47b |
| Total liabilities | HK$2.84b |
| Total assets | HK$7.31b |
Recent financial health updates
Recent updates
The Returns At Wong's International Holdings (HKG:99) Aren't Growing
Jan 16
Wong's International Holdings' (HKG:99) Dividend Will Be Increased To HK$0.03
Aug 30We Think Wong's International Holdings (HKG:99) Is Taking Some Risk With Its Debt
May 23Wong's International Holdings (HKG:99) Is Increasing Its Dividend To HK$0.045
Mar 29We Think You Should Be Aware Of Some Concerning Factors In Wong's International Holdings' (HKG:99) Earnings
Sep 29Wong's International Holdings' (HKG:99) Returns On Capital Not Reflecting Well On The Business
Mar 24Wong's International Holdings (HKG:99) Will Pay A Dividend Of HK$0.015
Aug 29Wong's International Holdings (HKG:99) Might Be Having Difficulty Using Its Capital Effectively
May 05Wong's International Holdings' (HKG:99) Stock Price Has Reduced 40% In The Past Three Years
Mar 08Are Dividend Investors Getting More Than They Bargained For With Wong's International Holdings Limited's (HKG:99) Dividend?
Feb 09Should We Be Excited About The Trends Of Returns At Wong's International Holdings (HKG:99)?
Jan 13Here's What Wong's International Holdings Limited's (HKG:99) Shareholder Ownership Structure Looks Like
Dec 16
How Much Is Wong's International Holdings Limited (HKG:99) Paying Its CEO?
Nov 25Financial Position Analysis
Short Term Liabilities: 99's short term assets (HK$2.8B) exceed its short term liabilities (HK$1.8B).
Long Term Liabilities: 99's short term assets (HK$2.8B) exceed its long term liabilities (HK$1.0B).
Debt to Equity History and Analysis
Debt Level: 99's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 99's debt to equity ratio has reduced from 44.9% to 40.1% over the past 5 years.
Debt Coverage: 99's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 99's interest payments on its debt are well covered by EBIT (3.7x coverage).