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 SGD739.7M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are SGD3.7B and SGD792.4M respectively. Hong Fok's EBIT is SGD49.4M making its interest coverage ratio 1.3. It has cash and short-term investments of SGD97.2M.
Key information
25.5%
Debt to equity ratio
S$739.72m
Debt
| Interest coverage ratio | 1.3x |
| Cash | S$97.16m |
| Equity | S$2.90b |
| Total liabilities | S$792.40m |
| Total assets | S$3.70b |
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 (SGD208.1M) exceed its short term liabilities (SGD85.0M).
Long Term Liabilities: H30's short term assets (SGD208.1M) do not cover its long term liabilities (SGD707.3M).
Debt to Equity History and Analysis
Debt Level: H30's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: H30's debt to equity ratio has reduced from 32.4% to 25.5% over the past 5 years.
Debt Coverage: H30's debt is not well covered by operating cash flow (6%).
Interest Coverage: H30's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 13:02 |
| 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
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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 Fok Corporation Limited is covered by 2 analysts. 0 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 |
|---|---|
| Derek Tan | DBS Bank Ltd |
| Lee Keng Ling | DBS Bank Ltd |