VSTECS Holdings Balance Sheet Health
Financial Health criteria checks 4/6
VSTECS Holdings has a total shareholder equity of HK$8.2B and total debt of HK$9.5B, which brings its debt-to-equity ratio to 117.2%. Its total assets and total liabilities are HK$35.1B and HK$26.9B respectively. VSTECS Holdings's EBIT is HK$1.4B making its interest coverage ratio 4.1. It has cash and short-term investments of HK$4.5B.
Key information
117.2%
Debt to equity ratio
HK$9.55b
Debt
| Interest coverage ratio | 4.1x |
| Cash | HK$4.52b |
| Equity | HK$8.15b |
| Total liabilities | HK$26.93b |
| Total assets | HK$35.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 856's short term assets (HK$33.1B) exceed its short term liabilities (HK$26.7B).
Long Term Liabilities: 856's short term assets (HK$33.1B) exceed its long term liabilities (HK$215.6M).
Debt to Equity History and Analysis
Debt Level: 856's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: 856's debt to equity ratio has reduced from 156.5% to 117.2% over the past 5 years.
Debt Coverage: 856's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 856's interest payments on its debt are well covered by EBIT (4.1x coverage).