Fairwood Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fairwood Holdings has a total shareholder equity of HK$658.3M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$2.3B and HK$1.7B respectively. Fairwood Holdings's EBIT is HK$88.2M making its interest coverage ratio 13. It has cash and short-term investments of HK$686.6M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 13x |
| Cash | HK$686.63m |
| Equity | HK$658.34m |
| Total liabilities | HK$1.68b |
| Total assets | HK$2.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRWD.F's short term assets (HK$846.8M) do not cover its short term liabilities (HK$909.1M).
Long Term Liabilities: FRWD.F's short term assets (HK$846.8M) exceed its long term liabilities (HK$772.3M).
Debt to Equity History and Analysis
Debt Level: FRWD.F is debt free.
Reducing Debt: FRWD.F has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: FRWD.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FRWD.F has no debt, therefore coverage of interest payments is not a concern.