Wise Ally International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Wise Ally International Holdings has a total shareholder equity of HK$164.6M and total debt of HK$243.4M, which brings its debt-to-equity ratio to 147.8%. Its total assets and total liabilities are HK$949.6M and HK$785.0M respectively. Wise Ally International Holdings's EBIT is HK$75.5M making its interest coverage ratio 4.4. It has cash and short-term investments of HK$275.4M.
Key information
147.8%
Debt to equity ratio
HK$243.36m
Debt
| Interest coverage ratio | 4.4x |
| Cash | HK$275.37m |
| Equity | HK$164.61m |
| Total liabilities | HK$785.01m |
| Total assets | HK$949.62m |
Recent financial health updates
Is Wise Ally International Holdings (HKG:9918) A Risky Investment?
Apr 11
Is 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
Wise Ally International Holdings' (HKG:9918) Earnings Seem To Be Promising
Oct 03Is 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$815.6M) exceed its short term liabilities (HK$722.8M).
Long Term Liabilities: 9918's short term assets (HK$815.6M) exceed its long term liabilities (HK$62.2M).
Debt to Equity History and Analysis
Debt Level: 9918 has more cash than its total debt.
Reducing Debt: 9918's debt to equity ratio has reduced from 414% to 147.8% over the past 5 years.
Debt Coverage: 9918's debt is well covered by operating cash flow (54.9%).
Interest Coverage: 9918's interest payments on its debt are well covered by EBIT (4.4x coverage).