Luks Group (Vietnam Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
Luks Group (Vietnam Holdings) has a total shareholder equity of HK$2.5B and total debt of HK$64.9M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are HK$3.0B and HK$444.6M respectively. Luks Group (Vietnam Holdings)'s EBIT is HK$58.2M making its interest coverage ratio -5. It has cash and short-term investments of HK$501.3M.
Key information
2.6%
Debt to equity ratio
HK$64.94m
Debt
Interest coverage ratio | -5x |
Cash | HK$501.28m |
Equity | HK$2.53b |
Total liabilities | HK$444.56m |
Total assets | HK$2.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LKSG.F's short term assets (HK$620.4M) exceed its short term liabilities (HK$203.6M).
Long Term Liabilities: LKSG.F's short term assets (HK$620.4M) exceed its long term liabilities (HK$241.0M).
Debt to Equity History and Analysis
Debt Level: LKSG.F has more cash than its total debt.
Reducing Debt: LKSG.F's debt to equity ratio has reduced from 3.3% to 2.6% over the past 5 years.
Debt Coverage: LKSG.F's debt is well covered by operating cash flow (163.4%).
Interest Coverage: LKSG.F earns more interest than it pays, so coverage of interest payments is not a concern.