Vinda International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Vinda International Holdings has a total shareholder equity of HK$11.5B and total debt of HK$4.3B, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are HK$22.1B and HK$10.6B respectively. Vinda International Holdings's EBIT is HK$460.2M making its interest coverage ratio 3.3. It has cash and short-term investments of HK$1.5B.
Key information
36.9%
Debt to equity ratio
HK$4.26b
Debt
Interest coverage ratio | 3.3x |
Cash | HK$1.46b |
Equity | HK$11.53b |
Total liabilities | HK$10.62b |
Total assets | HK$22.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VDAH.F's short term assets (HK$7.9B) exceed its short term liabilities (HK$6.2B).
Long Term Liabilities: VDAH.F's short term assets (HK$7.9B) exceed its long term liabilities (HK$4.4B).
Debt to Equity History and Analysis
Debt Level: VDAH.F's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: VDAH.F's debt to equity ratio has reduced from 60.1% to 36.9% over the past 5 years.
Debt Coverage: VDAH.F's debt is well covered by operating cash flow (45.7%).
Interest Coverage: VDAH.F's interest payments on its debt are well covered by EBIT (3.3x coverage).