Combine Will International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Combine Will International Holdings has a total shareholder equity of HK$743.9M and total debt of HK$328.5M, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are HK$1.5B and HK$740.0M respectively. Combine Will International Holdings's EBIT is HK$70.3M making its interest coverage ratio 2.8. It has cash and short-term investments of HK$234.8M.
Key information
44.2%
Debt to equity ratio
HK$328.53m
Debt
| Interest coverage ratio | 2.8x |
| Cash | HK$234.83m |
| Equity | HK$743.87m |
| Total liabilities | HK$739.99m |
| Total assets | HK$1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N0Z's short term assets (HK$919.8M) exceed its short term liabilities (HK$714.2M).
Long Term Liabilities: N0Z's short term assets (HK$919.8M) exceed its long term liabilities (HK$25.8M).
Debt to Equity History and Analysis
Debt Level: N0Z's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: N0Z's debt to equity ratio has reduced from 51.7% to 44.2% over the past 5 years.
Debt Coverage: N0Z's debt is well covered by operating cash flow (26.5%).
Interest Coverage: N0Z's interest payments on its debt are not well covered by EBIT (2.8x coverage).