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 81.4%. Its total assets and total liabilities are HK$4.6B and HK$2.6B respectively.
Key information
81.4%
Debt to equity ratio
HK$1.61b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$404.83m |
| Equity | HK$1.98b |
| Total liabilities | HK$2.65b |
| Total assets | HK$4.62b |
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
Health 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$910.0M) do not cover its short term liabilities (HK$2.2B).
Long Term Liabilities: 306's short term assets (HK$910.0M) exceed its long term liabilities (HK$414.6M).
Debt to Equity History and Analysis
Debt Level: 306's net debt to equity ratio (60.9%) is considered high.
Reducing Debt: 306's debt to equity ratio has reduced from 90.6% to 81.4% over the past 5 years.
Debt Coverage: 306's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: Insufficient data to determine if 306's interest payments on its debt are well covered by EBIT.