Hong Leong Asia Balance Sheet Health
Financial Health criteria checks 5/6
Hong Leong Asia has a total shareholder equity of SGD2.5B and total debt of SGD938.6M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are SGD5.9B and SGD3.5B respectively. Hong Leong Asia's EBIT is SGD98.9M making its interest coverage ratio 3.4. It has cash and short-term investments of SGD1.3B.
Key information
38.1%
Debt to equity ratio
S$938.59m
Debt
| Interest coverage ratio | 3.4x |
| Cash | S$1.33b |
| Equity | S$2.46b |
| Total liabilities | S$3.48b |
| Total assets | S$5.95b |
Recent financial health updates
Does Hong Leong Asia (SGX:H22) Have A Healthy Balance Sheet?
May 31
These 4 Measures Indicate That Hong Leong Asia (SGX:H22) Is Using Debt Reasonably Well
Mar 01Recent updates
Market Still Lacking Some Conviction On Hong Leong Asia Ltd. (SGX:H22)
Jul 18Increases to Hong Leong Asia Ltd.'s (SGX:H22) CEO Compensation Might Cool off for now
Apr 18When Should You Buy Hong Leong Asia Ltd. (SGX:H22)?
Jan 28Hong Leong Asia's (SGX:H22) Upcoming Dividend Will Be Larger Than Last Year's
Mar 02Is There Now An Opportunity In Hong Leong Asia Ltd. (SGX:H22)?
Aug 16Does Hong Leong Asia (SGX:H22) Have A Healthy Balance Sheet?
May 31Return Trends At Hong Leong Asia (SGX:H22) Aren't Appealing
May 10Why Hong Leong Asia Ltd. (SGX:H22) Could Be Worth Watching
Apr 19These 4 Measures Indicate That Hong Leong Asia (SGX:H22) Is Using Debt Reasonably Well
Mar 01Is Hong Leong Asia (SGX:H22) Struggling?
Jan 19Hong Leong Asia (SGX:H22) Share Prices Have Dropped 36% In The Last Three Years
Dec 15
Financial Position Analysis
Short Term Liabilities: H22's short term assets (SGD4.4B) exceed its short term liabilities (SGD2.9B).
Long Term Liabilities: H22's short term assets (SGD4.4B) exceed its long term liabilities (SGD566.2M).
Debt to Equity History and Analysis
Debt Level: H22 has more cash than its total debt.
Reducing Debt: H22's debt to equity ratio has increased from 37.4% to 38.1% over the past 5 years.
Debt Coverage: H22's debt is well covered by operating cash flow (35.4%).
Interest Coverage: H22's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Hong Leong Asia Ltd. is covered by 10 analysts. 3 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 |
|---|---|
| Khang Chuen Ong | CGS International |
| Mat Collings | CGS International |
| Su Tye Chua | Credit Suisse |