Allied Group Balance Sheet Health
Financial Health criteria checks 3/6
Allied Group has a total shareholder equity of HK$73.8B and total debt of HK$29.6B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are HK$120.3B and HK$46.5B respectively.
Key information
40.0%
Debt to equity ratio
HK$29.57b
Debt
Interest coverage ratio | n/a |
Cash | HK$17.88b |
Equity | HK$73.85b |
Total liabilities | HK$46.46b |
Total assets | HK$120.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALED.Y's short term assets (HK$48.0B) exceed its short term liabilities (HK$26.8B).
Long Term Liabilities: ALED.Y's short term assets (HK$48.0B) exceed its long term liabilities (HK$19.6B).
Debt to Equity History and Analysis
Debt Level: ALED.Y's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: ALED.Y's debt to equity ratio has increased from 25.9% to 40% over the past 5 years.
Debt Coverage: ALED.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ALED.Y's interest payments on its debt are well covered by EBIT.