Hong Fok Balance Sheet Health
Financial Health criteria checks 3/6
Hong Fok has a total shareholder equity of SGD2.9B and total debt of SGD712.7M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are SGD3.7B and SGD771.5M respectively. Hong Fok's EBIT is SGD52.0M making its interest coverage ratio 1.4. It has cash and short-term investments of SGD80.2M.
Key information
24.6%
Debt to equity ratio
S$712.69m
Debt
| Interest coverage ratio | 1.4x |
| Cash | S$80.19m |
| Equity | S$2.89b |
| Total liabilities | S$771.50m |
| Total assets | S$3.67b |
Recent financial health updates
Is Hong Fok (SGX:H30) Using Too Much Debt?
Sep 29
Is Hong Fok (SGX:H30) Using Too Much Debt?
Mar 28Hong Fok (SGX:H30) Has A Somewhat Strained Balance Sheet
Dec 25Recent updates
Hong Fok's (SGX:H30) Anemic Earnings Might Be Worse Than You Think
Apr 12Is Hong Fok (SGX:H30) Using Too Much Debt?
Sep 29Is Hong Fok (SGX:H30) Using Too Much Debt?
Mar 28Here's What Hong Fok Corporation Limited's (SGX:H30) Shareholder Ownership Structure Looks Like
Mar 01Here's Why We Don't Think Hong Fok's (SGX:H30) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 05
Hong Fok Corporation Limited (SGX:H30) Insiders Increased Their Holdings
Jan 15Hong Fok (SGX:H30) Has A Somewhat Strained Balance Sheet
Dec 25What Kind Of Investors Own Most Of Hong Fok Corporation Limited (SGX:H30)?
Nov 22Financial Position Analysis
Short Term Liabilities: H30's short term assets (SGD192.8M) exceed its short term liabilities (SGD47.4M).
Long Term Liabilities: H30's short term assets (SGD192.8M) do not cover its long term liabilities (SGD724.1M).
Debt to Equity History and Analysis
Debt Level: H30's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: H30's debt to equity ratio has reduced from 30.7% to 24.6% over the past 5 years.
Debt Coverage: H30's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: H30's interest payments on its debt are not well covered by EBIT (1.4x coverage).