Hong Leong Asia Balance Sheet Health
Financial Health criteria checks 4/6
Hong Leong Asia has a total shareholder equity of SGD2.4B and total debt of SGD888.0M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are SGD5.5B and SGD3.1B respectively. Hong Leong Asia's EBIT is SGD92.1M making its interest coverage ratio 2.9. It has cash and short-term investments of SGD1.2B.
Key information
37.5%
Debt to equity ratio
S$887.98m
Debt
| Interest coverage ratio | 2.9x |
| Cash | S$1.23b |
| Equity | S$2.37b |
| Total liabilities | S$3.13b |
| Total assets | S$5.50b |
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
Increases 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 (SGD3.9B) exceed its short term liabilities (SGD2.6B).
Long Term Liabilities: H22's short term assets (SGD3.9B) exceed its long term liabilities (SGD572.3M).
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 34.2% to 37.5% over the past 5 years.
Debt Coverage: H22's debt is well covered by operating cash flow (40.8%).
Interest Coverage: H22's interest payments on its debt are not well covered by EBIT (2.9x coverage).