Wise Ally International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Wise Ally International Holdings has a total shareholder equity of HK$150.3M and total debt of HK$292.6M, which brings its debt-to-equity ratio to 194.7%. Its total assets and total liabilities are HK$965.6M and HK$815.3M respectively. Wise Ally International Holdings's EBIT is HK$50.5M making its interest coverage ratio 3.2. It has cash and short-term investments of HK$274.6M.
Key information
194.7%
Debt to equity ratio
HK$292.60m
Debt
Interest coverage ratio | 3.2x |
Cash | HK$274.57m |
Equity | HK$150.29m |
Total liabilities | HK$815.34m |
Total assets | HK$965.63m |
Recent financial health updates
Is Wise Ally International Holdings (HKG:9918) A Risky Investment?
Apr 11Is Wise Ally International Holdings (HKG:9918) Using Too Much Debt?
Oct 09Wise Ally International Holdings (HKG:9918) Has A Pretty Healthy Balance Sheet
Nov 06Does Wise Ally International Holdings (HKG:9918) Have A Healthy Balance Sheet?
Apr 05Does Wise Ally International Holdings (HKG:9918) Have A Healthy Balance Sheet?
Sep 26Is Wise Ally International Holdings (HKG:9918) A Risky Investment?
May 18Recent updates
Is Wise Ally International Holdings (HKG:9918) A Risky Investment?
Apr 11Estimating The Intrinsic Value Of Wise Ally International Holdings Limited (HKG:9918)
Nov 21Is Wise Ally International Holdings (HKG:9918) Using Too Much Debt?
Oct 09Wise Ally International Holdings (HKG:9918) Has A Pretty Healthy Balance Sheet
Nov 06Estimating The Fair Value Of Wise Ally International Holdings Limited (HKG:9918)
Sep 13Does Wise Ally International Holdings (HKG:9918) Have A Healthy Balance Sheet?
Apr 05Does Wise Ally International Holdings (HKG:9918) Have A Healthy Balance Sheet?
Sep 26Is Wise Ally International Holdings (HKG:9918) A Risky Investment?
May 18Financial Position Analysis
Short Term Liabilities: 9918's short term assets (HK$822.7M) exceed its short term liabilities (HK$748.3M).
Long Term Liabilities: 9918's short term assets (HK$822.7M) exceed its long term liabilities (HK$67.0M).
Debt to Equity History and Analysis
Debt Level: 9918's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: 9918's debt to equity ratio has reduced from 317.8% to 194.7% over the past 5 years.
Debt Coverage: 9918's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 9918's interest payments on its debt are well covered by EBIT (3.2x coverage).