Hong Kong Exchanges and Clearing Balance Sheet Health
Financial Health criteria checks 6/6
Hong Kong Exchanges and Clearing has a total shareholder equity of HK$50.0B and total debt of HK$448.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are HK$339.9B and HK$290.0B respectively. Hong Kong Exchanges and Clearing's EBIT is HK$13.1B making its interest coverage ratio 170.7. It has cash and short-term investments of HK$206.3B.
Key information
0.9%
Debt to equity ratio
HK$448.00m
Debt
| Interest coverage ratio | 170.7x |
| Cash | HK$206.27b |
| Equity | HK$49.96b |
| Total liabilities | HK$289.98b |
| Total assets | HK$339.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 388 N's short term assets (HK$293.2B) exceed its short term liabilities (HK$287.2B).
Long Term Liabilities: 388 N's short term assets (HK$293.2B) exceed its long term liabilities (HK$2.8B).
Debt to Equity History and Analysis
Debt Level: 388 N has more cash than its total debt.
Reducing Debt: 388 N's debt to equity ratio has reduced from 1% to 0.9% over the past 5 years.
Debt Coverage: 388 N's debt is well covered by operating cash flow (2567%).
Interest Coverage: 388 N's interest payments on its debt are well covered by EBIT (170.7x coverage).