Kwoon Chung Bus Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Kwoon Chung Bus Holdings has a total shareholder equity of HK$2.0B and total debt of HK$1.6B, which brings its debt-to-equity ratio to 81.8%. Its total assets and total liabilities are HK$4.8B and HK$2.7B respectively. Kwoon Chung Bus Holdings's EBIT is HK$43.8M making its interest coverage ratio 0.4. It has cash and short-term investments of HK$444.7M.
Key information
81.8%
Debt to equity ratio
HK$1.65b
Debt
| Interest coverage ratio | 0.4x |
| Cash | HK$444.67m |
| Equity | HK$2.01b |
| Total liabilities | HK$2.74b |
| Total assets | HK$4.76b |
Recent financial health updates
Health Check: How Prudently Does Kwoon Chung Bus Holdings (HKG:306) Use Debt?
Mar 17
Kwoon Chung Bus Holdings (HKG:306) Has Debt But No Earnings; Should You Worry?
Mar 22Recent updates
A Look At The Intrinsic Value Of Kwoon Chung Bus Holdings Limited (HKG:306)
Dec 24We Think Some Shareholders May Hesitate To Increase Kwoon Chung Bus Holdings Limited's (HKG:306) CEO Compensation
Aug 15Sentiment Still Eluding Kwoon Chung Bus Holdings Limited (HKG:306)
Jul 23Health Check: How Prudently Does Kwoon Chung Bus Holdings (HKG:306) Use Debt?
Mar 17Kwoon Chung Bus Holdings (HKG:306) Has Debt But No Earnings; Should You Worry?
Mar 22Here's What Kwoon Chung Bus Holdings Limited's (HKG:306) Shareholder Ownership Structure Looks Like
Feb 13
A Look At Kwoon Chung Bus Holdings' (HKG:306) Share Price Returns
Jan 17What Can We Learn About Kwoon Chung Bus Holdings' (HKG:306) CEO Compensation?
Dec 20Should You Use Kwoon Chung Bus Holdings's (HKG:306) Statutory Earnings To Analyse It?
Nov 24Financial Position Analysis
Short Term Liabilities: 306's short term assets (HK$1.1B) exceed its short term liabilities (HK$906.6M).
Long Term Liabilities: 306's short term assets (HK$1.1B) do not cover its long term liabilities (HK$1.8B).
Debt to Equity History and Analysis
Debt Level: 306's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: 306's debt to equity ratio has reduced from 87.4% to 81.8% over the past 5 years.
Debt Coverage: 306's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 306's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:14 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
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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
Kwoon Chung Bus Holdings Limited is covered by 0 analysts. 0 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 |
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