APAC Resources Balance Sheet Health
Financial Health criteria checks 3/6
APAC Resources has a total shareholder equity of HK$3.9B and total debt of HK$280.1M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are HK$4.2B and HK$360.6M respectively.
Key information
7.3%
Debt to equity ratio
HK$280.11m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$2.37b |
| Equity | HK$3.86b |
| Total liabilities | HK$360.64m |
| Total assets | HK$4.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APPC.F's short term assets (HK$2.6B) exceed its short term liabilities (HK$333.9M).
Long Term Liabilities: APPC.F's short term assets (HK$2.6B) exceed its long term liabilities (HK$26.8M).
Debt to Equity History and Analysis
Debt Level: APPC.F has more cash than its total debt.
Reducing Debt: APPC.F's debt to equity ratio has increased from 0% to 7.3% over the past 5 years.
Debt Coverage: APPC.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if APPC.F's interest payments on its debt are well covered by EBIT.