Hongkong and Shanghai Hotels Balance Sheet Health
Financial Health criteria checks 2/6
Hongkong and Shanghai Hotels has a total shareholder equity of HK$36.4B and total debt of HK$15.9B, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are HK$57.9B and HK$21.5B respectively. Hongkong and Shanghai Hotels's EBIT is HK$578.0M making its interest coverage ratio 2.2. It has cash and short-term investments of HK$883.0M.
Key information
43.7%
Debt to equity ratio
HK$15.91b
Debt
Interest coverage ratio | 2.2x |
Cash | HK$883.00m |
Equity | HK$36.38b |
Total liabilities | HK$21.49b |
Total assets | HK$57.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HKSH.F's short term assets (HK$6.2B) exceed its short term liabilities (HK$4.7B).
Long Term Liabilities: HKSH.F's short term assets (HK$6.2B) do not cover its long term liabilities (HK$16.8B).
Debt to Equity History and Analysis
Debt Level: HKSH.F's net debt to equity ratio (41.3%) is considered high.
Reducing Debt: HKSH.F's debt to equity ratio has increased from 18.1% to 43.7% over the past 5 years.
Debt Coverage: HKSH.F's debt is well covered by operating cash flow (21.4%).
Interest Coverage: HKSH.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).