HK Electric Investments and HK Electric Investments Balance Sheet Health
Financial Health criteria checks 1/6
HK Electric Investments and HK Electric Investments has a total shareholder equity of HK$49.0B and total debt of HK$50.2B, which brings its debt-to-equity ratio to 102.5%. Its total assets and total liabilities are HK$118.5B and HK$69.6B respectively. HK Electric Investments and HK Electric Investments's EBIT is HK$5.2B making its interest coverage ratio 3.9. It has cash and short-term investments of HK$114.0M.
Key information
102.5%
Debt to equity ratio
HK$50.21b
Debt
| Interest coverage ratio | 3.9x |
| Cash | HK$114.00m |
| Equity | HK$48.98b |
| Total liabilities | HK$69.56b |
| Total assets | HK$118.54b |
Recent financial health updates
Does HK Electric Investments and HK Electric Investments (HKG:2638) Have A Healthy Balance Sheet?
Oct 25
Here's Why HK Electric Investments and HK Electric Investments (HKG:2638) Is Weighed Down By Its Debt Load
Mar 15These 4 Measures Indicate That HK Electric Investments and HK Electric Investments (HKG:2638) Is Using Debt Extensively
Nov 18HK Electric Investments and HK Electric Investments (HKG:2638) Takes On Some Risk With Its Use Of Debt
Aug 05Is HK Electric Investments and HK Electric Investments (HKG:2638) A Risky Investment?
May 04We Think HK Electric Investments and HK Electric Investments (HKG:2638) Is Taking Some Risk With Its Debt
Sep 15Recent updates
Investors Met With Slowing Returns on Capital At HK Electric Investments and HK Electric Investments (HKG:2638)
Mar 05Earnings Not Telling The Story For HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jan 29Calculating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jan 05Return Trends At HK Electric Investments and HK Electric Investments (HKG:2638) Aren't Appealing
Nov 15Does HK Electric Investments and HK Electric Investments (HKG:2638) Have A Healthy Balance Sheet?
Oct 25A Look At The Fair Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Oct 03Returns At HK Electric Investments and HK Electric Investments (HKG:2638) Appear To Be Weighed Down
Aug 02A Look At The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jun 13Some Investors May Be Worried About HK Electric Investments and HK Electric Investments' (HKG:2638) Returns On Capital
May 04HK Electric Investments and HK Electric Investments' (HKG:2638) Dividend Will Be HK$0.1609
Mar 16Here's Why HK Electric Investments and HK Electric Investments (HKG:2638) Is Weighed Down By Its Debt Load
Mar 15Is HK Electric Investments and HK Electric Investments Limited (HKG:2638) Worth HK$5.4 Based On Its Intrinsic Value?
Feb 10HK Electric Investments and HK Electric Investments (HKG:2638) Has Some Way To Go To Become A Multi-Bagger
Dec 06These 4 Measures Indicate That HK Electric Investments and HK Electric Investments (HKG:2638) Is Using Debt Extensively
Nov 18Estimating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Oct 30Here's What To Make Of HK Electric Investments and HK Electric Investments' (HKG:2638) Decelerating Rates Of Return
Aug 26HK Electric Investments and HK Electric Investments (HKG:2638) Takes On Some Risk With Its Use Of Debt
Aug 05Return Trends At HK Electric Investments and HK Electric Investments (HKG:2638) Aren't Appealing
May 26Is HK Electric Investments and HK Electric Investments (HKG:2638) A Risky Investment?
May 04HK Electric Investments and HK Electric Investments' (HKG:2638) Solid Earnings Have Been Accounted For Conservatively
Apr 13HK Electric Investments and HK Electric Investments (HKG:2638) Has Announced A Dividend Of HK$0.16
Mar 22Here's What's Concerning About HK Electric Investments and HK Electric Investments' (HKG:2638) Returns On Capital
Feb 08Estimating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jan 18Investors Could Be Concerned With HK Electric Investments and HK Electric Investments' (HKG:2638) Returns On Capital
Oct 11We Think HK Electric Investments and HK Electric Investments (HKG:2638) Is Taking Some Risk With Its Debt
Sep 15HK Electric Investments and HK Electric Investments' (HKG:2638) Dividend Will Be HK$0.16
Aug 05HK Electric Investments and HK Electric Investments (HKG:2638) Has More To Do To Multiply In Value Going Forward
Jun 11Are Dividend Investors Making A Mistake With HK Electric Investments and HK Electric Investments Limited (HKG:2638)?
Apr 30Here's Why HK Electric Investments and HK Electric Investments (HKG:2638) Has A Meaningful Debt Burden
Mar 18Should You Be Impressed By HK Electric Investments and HK Electric Investments' (HKG:2638) Returns on Capital?
Mar 01Shareholders Of HK Electric Investments and HK Electric Investments (HKG:2638) Must Be Happy With Their 60% Return
Jan 25Does It Make Sense To Buy HK Electric Investments and HK Electric Investments Limited (HKG:2638) For Its Yield?
Dec 27
We Think HK Electric Investments and HK Electric Investments (HKG:2638) Is Taking Some Risk With Its Debt
Dec 12Is HK Electric Investments and HK Electric Investments Limited's (HKG:2638) Stock On A Downtrend As A Result Of Its Poor Financials?
Nov 26Financial Position Analysis
Short Term Liabilities: 2638's short term assets (HK$2.5B) do not cover its short term liabilities (HK$5.1B).
Long Term Liabilities: 2638's short term assets (HK$2.5B) do not cover its long term liabilities (HK$64.4B).
Debt to Equity History and Analysis
Debt Level: 2638's net debt to equity ratio (102.3%) is considered high.
Reducing Debt: 2638's debt to equity ratio has increased from 86.1% to 102.5% over the past 5 years.
Debt Coverage: 2638's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: 2638's interest payments on its debt are well covered by EBIT (3.9x coverage).