Vinda International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Vinda International Holdings has a total shareholder equity of HK$11.3B and total debt of HK$5.6B, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are HK$22.8B and HK$11.5B respectively. Vinda International Holdings's EBIT is HK$261.4M making its interest coverage ratio 2.3. It has cash and short-term investments of HK$949.4M.
Key information
49.0%
Debt to equity ratio
HK$5.55b
Debt
Interest coverage ratio | 2.3x |
Cash | HK$949.40m |
Equity | HK$11.32b |
Total liabilities | HK$11.48b |
Total assets | HK$22.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VDAH.Y's short term assets (HK$8.6B) exceed its short term liabilities (HK$6.8B).
Long Term Liabilities: VDAH.Y's short term assets (HK$8.6B) exceed its long term liabilities (HK$4.6B).
Debt to Equity History and Analysis
Debt Level: VDAH.Y's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: VDAH.Y's debt to equity ratio has reduced from 65.2% to 49% over the past 5 years.
Debt Coverage: VDAH.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VDAH.Y's interest payments on its debt are not well covered by EBIT (2.3x coverage).