Luxking Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Luxking Group Holdings has a total shareholder equity of CN¥136.6M and total debt of CN¥95.0M, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are CN¥309.5M and CN¥172.9M respectively. Luxking Group Holdings's EBIT is CN¥21.4M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥19.2M.
Key information
69.5%
Debt to equity ratio
CN¥94.96m
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥19.24m |
| Equity | CN¥136.58m |
| Total liabilities | CN¥172.93m |
| Total assets | CN¥309.51m |
Recent financial health updates
Recent updates
Luxking Group Holdings (SGX:BKK) Has A Somewhat Strained Balance Sheet
Feb 03
Calculating The Intrinsic Value Of Luxking Group Holdings Limited (SGX:BKK)
Nov 23Luxking Group Holdings' (SGX:BKK) Returns On Capital Not Reflecting Well On The Business
Oct 05Here's What's Concerning About Luxking Group Holdings' (SGX:BKK) Returns On Capital
Jun 07Here's What To Make Of Luxking Group Holdings' (SGX:BKK) Decelerating Rates Of Return
Dec 23Investors Will Want Luxking Group Holdings' (SGX:BKK) Growth In ROCE To Persist
Mar 16Luxking Group Holdings' (SGX:BKK) Returns On Capital Are Heading Higher
Nov 01Slowing Rates Of Return At Luxking Group Holdings (SGX:BKK) Leave Little Room For Excitement
Jun 08The Trends At Luxking Group Holdings (SGX:BKK) That You Should Know About
Feb 18
Financial Position Analysis
Short Term Liabilities: BKK's short term assets (CN¥219.3M) exceed its short term liabilities (CN¥161.0M).
Long Term Liabilities: BKK's short term assets (CN¥219.3M) exceed its long term liabilities (CN¥11.9M).
Debt to Equity History and Analysis
Debt Level: BKK's net debt to equity ratio (55.4%) is considered high.
Reducing Debt: BKK's debt to equity ratio has reduced from 77.7% to 69.5% over the past 5 years.
Debt Coverage: BKK's debt is well covered by operating cash flow (29.2%).
Interest Coverage: BKK's interest payments on its debt are well covered by EBIT (4.3x coverage).