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$8.1B, which brings its debt-to-equity ratio to 98.6%. Its total assets and total liabilities are HK$35.0B and HK$26.8B respectively. VSTECS Holdings's EBIT is HK$1.4B making its interest coverage ratio 4.6. It has cash and short-term investments of HK$4.1B.
Key information
98.6%
Debt to equity ratio
HK$8.10b
Debt
Interest coverage ratio | 4.6x |
Cash | HK$4.13b |
Equity | HK$8.22b |
Total liabilities | HK$26.80b |
Total assets | HK$35.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 856's short term assets (HK$32.9B) exceed its short term liabilities (HK$26.6B).
Long Term Liabilities: 856's short term assets (HK$32.9B) exceed its long term liabilities (HK$241.4M).
Debt to Equity History and Analysis
Debt Level: 856's net debt to equity ratio (48.3%) is considered high.
Reducing Debt: 856's debt to equity ratio has reduced from 159% to 98.6% over the past 5 years.
Debt Coverage: 856's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 856's interest payments on its debt are well covered by EBIT (4.6x coverage).