Karin Technology Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Karin Technology Holdings has a total shareholder equity of HK$399.9M and total debt of HK$105.5M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are HK$1.2B and HK$769.0M respectively. Karin Technology Holdings's EBIT is HK$29.9M making its interest coverage ratio 2.7. It has cash and short-term investments of HK$132.6M.
Key information
26.4%
Debt to equity ratio
HK$105.47m
Debt
| Interest coverage ratio | 2.7x |
| Cash | HK$132.61m |
| Equity | HK$399.87m |
| Total liabilities | HK$769.02m |
| Total assets | HK$1.17b |
Recent financial health updates
Does Karin Technology Holdings (SGX:K29) Have A Healthy Balance Sheet?
Feb 28
Karin Technology Holdings (SGX:K29) Takes On Some Risk With Its Use Of Debt
Nov 07Karin Technology Holdings (SGX:K29) Seems To Be Using A Lot Of Debt
Mar 30Here's Why Karin Technology Holdings (SGX:K29) Has A Meaningful Debt Burden
Jun 03Is Karin Technology Holdings (SGX:K29) A Risky Investment?
Feb 11
Recent updates
Some May Be Optimistic About Karin Technology Holdings' (SGX:K29) Earnings
Oct 21Does Karin Technology Holdings (SGX:K29) Have A Healthy Balance Sheet?
Feb 28Sentiment Still Eluding Karin Technology Holdings Limited (SGX:K29)
Jan 26Karin Technology Holdings (SGX:K29) Takes On Some Risk With Its Use Of Debt
Nov 07Some Investors May Be Worried About Karin Technology Holdings' (SGX:K29) Returns On Capital
Sep 05Returns At Karin Technology Holdings (SGX:K29) Appear To Be Weighed Down
May 09Karin Technology Holdings (SGX:K29) Seems To Be Using A Lot Of Debt
Mar 30Returns On Capital At Karin Technology Holdings (SGX:K29) Paint A Concerning Picture
Dec 27Calculating The Fair Value Of Karin Technology Holdings Limited (SGX:K29)
Sep 07The Return Trends At Karin Technology Holdings (SGX:K29) Look Promising
May 06Estimating The Fair Value Of Karin Technology Holdings Limited (SGX:K29)
Mar 01Here's Why Karin Technology Holdings (SGX:K29) Has A Meaningful Debt Burden
Jun 03Zooming in on SGX:K29's 4.0% Dividend Yield
May 07Is Karin Technology Holdings (SGX:K29) Struggling?
Mar 04Is Karin Technology Holdings (SGX:K29) A Risky Investment?
Feb 11Is Karin Technology Holdings Limited (SGX:K29) A Strong Dividend Stock?
Jan 21Could Karin Technology Holdings Limited's (SGX:K29) Weak Financials Mean That The Market Could Correct Its Share Price?
Dec 17Financial Position Analysis
Short Term Liabilities: K29's short term assets (HK$1.1B) exceed its short term liabilities (HK$722.2M).
Long Term Liabilities: K29's short term assets (HK$1.1B) exceed its long term liabilities (HK$46.8M).
Debt to Equity History and Analysis
Debt Level: K29 has more cash than its total debt.
Reducing Debt: K29's debt to equity ratio has reduced from 27.9% to 26.4% over the past 5 years.
Debt Coverage: K29's debt is well covered by operating cash flow (122.9%).
Interest Coverage: K29's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 02:02 |
| End of Day Share Price | 2025/02/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
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 Github.
Analyst Sources
Karin Technology Holdings 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 |
|---|---|
| Janice Chong | CFRA Equity Research |
| Teck Wong | OCBC Investment Research Pte Ltd. |