Binhai Investment Balance Sheet Health
Financial Health criteria checks 2/6
Binhai Investment has a total shareholder equity of HK$2.3B and total debt of HK$3.9B, which brings its debt-to-equity ratio to 168.5%. Its total assets and total liabilities are HK$8.1B and HK$5.7B respectively. Binhai Investment's EBIT is HK$447.1M making its interest coverage ratio 3.3. It has cash and short-term investments of HK$681.3M.
Key information
168.5%
Debt to equity ratio
HK$3.91b
Debt
| Interest coverage ratio | 3.3x |
| Cash | HK$681.33m |
| Equity | HK$2.32b |
| Total liabilities | HK$5.74b |
| Total assets | HK$8.06b |
Recent financial health updates
Binhai Investment (HKG:2886) Use Of Debt Could Be Considered Risky
Sep 19
We Think Binhai Investment (HKG:2886) Is Taking Some Risk With Its Debt
Apr 19Recent updates
Binhai Investment Company Limited's (HKG:2886) Share Price Boosted 34% But Its Business Prospects Need A Lift Too
Oct 10There's No Escaping Binhai Investment Company Limited's (HKG:2886) Muted Earnings
Aug 23Should Shareholders Reconsider Binhai Investment Company Limited's (HKG:2886) CEO Compensation Package?
May 03Take Care Before Diving Into The Deep End On Binhai Investment Company Limited (HKG:2886)
Mar 26Binhai Investment (HKG:2886) Use Of Debt Could Be Considered Risky
Sep 19Estimating The Fair Value Of Binhai Investment Company Limited (HKG:2886)
Jun 30Binhai Investment (HKG:2886) Has Announced That It Will Be Increasing Its Dividend To HK$0.10
May 14Binhai Investment's (HKG:2886) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 14Binhai Investment (HKG:2886) Is Paying Out A Larger Dividend Than Last Year
Apr 27Binhai Investment (HKG:2886) Is Increasing Its Dividend To HK$0.09
Apr 04With EPS Growth And More, Binhai Investment (HKG:2886) Is Interesting
Jan 03Binhai Investment (HKG:2886) Will Be Hoping To Turn Its Returns On Capital Around
Sep 01We Discuss Why Binhai Investment Company Limited's (HKG:2886) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
May 07Here's Why I Think Binhai Investment (HKG:2886) Might Deserve Your Attention Today
May 04We Think Binhai Investment (HKG:2886) Is Taking Some Risk With Its Debt
Apr 19Binhai Investment (HKG:2886) Will Will Want To Turn Around Its Return Trends
Apr 04Why Dividend Hunters Love Binhai Investment Company Limited (HKG:2886)
Mar 19Is Binhai Investment Company Limited (HKG:2886) A High Quality Stock To Own?
Feb 18Reflecting on Binhai Investment's (HKG:2886) Share Price Returns Over The Last Five Years
Jan 31Here's Why We Don't Think Binhai Investment's (HKG:2886) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 10
Is Binhai Investment Company Limited (HKG:2886) A Great Dividend Stock?
Dec 17A Quick Analysis On Binhai Investment's (HKG:2886) CEO Compensation
Nov 27Financial Position Analysis
Short Term Liabilities: 2886's short term assets (HK$1.4B) do not cover its short term liabilities (HK$2.6B).
Long Term Liabilities: 2886's short term assets (HK$1.4B) do not cover its long term liabilities (HK$3.2B).
Debt to Equity History and Analysis
Debt Level: 2886's net debt to equity ratio (139.2%) is considered high.
Reducing Debt: 2886's debt to equity ratio has reduced from 200.2% to 168.5% over the past 5 years.
Debt Coverage: 2886's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 2886's interest payments on its debt are well covered by EBIT (3.3x coverage).