SITC International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
SITC International Holdings has a total shareholder equity of $2.1B and total debt of $173.3M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are $2.8B and $733.7M respectively. SITC International Holdings's EBIT is $553.2M making its interest coverage ratio -66.4. It has cash and short-term investments of $508.3M.
Key information
8.2%
Debt to equity ratio
US$173.34m
Debt
| Interest coverage ratio | -66.4x |
| Cash | US$508.27m |
| Equity | US$2.12b |
| Total liabilities | US$733.71m |
| Total assets | US$2.85b |
Recent financial health updates
Recent updates
At HK$21.20, Is It Time To Put SITC International Holdings Company Limited (HKG:1308) On Your Watch List?
Dec 10
Why We Like The Returns At SITC International Holdings (HKG:1308)
Nov 25SITC International Holdings Company Limited's (HKG:1308) 25% Share Price Surge Not Quite Adding Up
Oct 02SITC International Holdings' (HKG:1308) Upcoming Dividend Will Be Larger Than Last Year's
Aug 23Is It Too Late To Consider Buying SITC International Holdings Company Limited (HKG:1308)?
Aug 21SITC International Holdings Company Limited's (HKG:1308) Business Is Trailing The Market But Its Shares Aren't
Aug 01Shareholders Would Enjoy A Repeat Of SITC International Holdings' (HKG:1308) Recent Growth In Returns
May 27We Think SITC International Holdings (HKG:1308) Can Stay On Top Of Its Debt
May 10SITC International Holdings (HKG:1308) Is Paying Out Less In Dividends Than Last Year
Apr 25What Is SITC International Holdings Company Limited's (HKG:1308) Share Price Doing?
Apr 24SITC International Holdings Company Limited (HKG:1308) Investors Are Less Pessimistic Than Expected
Apr 09SITC International Holdings (HKG:1308) Is Reducing Its Dividend To $0.50
Mar 10Why The 43% Return On Capital At SITC International Holdings (HKG:1308) Should Have Your Attention
Feb 01What Does SITC International Holdings Company Limited's (HKG:1308) Share Price Indicate?
Jan 14SITC International Holdings Company Limited's (HKG:1308) Shares Lagging The Market But So Is The Business
Dec 27Financial Position Analysis
Short Term Liabilities: 1308's short term assets ($754.0M) exceed its short term liabilities ($516.3M).
Long Term Liabilities: 1308's short term assets ($754.0M) exceed its long term liabilities ($217.4M).
Debt to Equity History and Analysis
Debt Level: 1308 has more cash than its total debt.
Reducing Debt: 1308's debt to equity ratio has reduced from 40% to 8.2% over the past 5 years.
Debt Coverage: 1308's debt is well covered by operating cash flow (402.9%).
Interest Coverage: 1308 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 11:24 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SITC International Holdings Company Limited is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sarah Liu | BNP Paribas Securities (Asia) |
| Wenlong Huang | BOCI Research Ltd. |
| Nathan Gee | BofA Global Research |