Hongkong and Shanghai Hotels Balance Sheet Health
Financial Health criteria checks 2/6
Hongkong and Shanghai Hotels has a total shareholder equity of HK$36.0B and total debt of HK$14.8B, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are HK$56.0B and HK$20.0B respectively. Hongkong and Shanghai Hotels's EBIT is HK$658.0M making its interest coverage ratio 1.3. It has cash and short-term investments of HK$758.0M.
Key information
41.2%
Debt to equity ratio
HK$14.81b
Debt
| Interest coverage ratio | 1.3x |
| Cash | HK$758.00m |
| Equity | HK$35.99b |
| Total liabilities | HK$20.04b |
| Total assets | HK$56.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HKSH.Y's short term assets (HK$4.7B) do not cover its short term liabilities (HK$5.7B).
Long Term Liabilities: HKSH.Y's short term assets (HK$4.7B) do not cover its long term liabilities (HK$14.4B).
Debt to Equity History and Analysis
Debt Level: HKSH.Y's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: HKSH.Y's debt to equity ratio has increased from 18.4% to 41.2% over the past 5 years.
Debt Coverage: HKSH.Y's debt is well covered by operating cash flow (33.3%).
Interest Coverage: HKSH.Y's interest payments on its debt are not well covered by EBIT (1.3x coverage).