Lee & Man Paper Manufacturing Balance Sheet Health
Financial Health criteria checks 2/6
Lee & Man Paper Manufacturing has a total shareholder equity of HK$28.8B and total debt of HK$19.3B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are HK$54.1B and HK$25.3B respectively. Lee & Man Paper Manufacturing's EBIT is HK$768.7M making its interest coverage ratio 3. It has cash and short-term investments of HK$1.5B.
Key information
67.1%
Debt to equity ratio
HK$19.29b
Debt
Interest coverage ratio | 3x |
Cash | HK$1.52b |
Equity | HK$28.77b |
Total liabilities | HK$25.33b |
Total assets | HK$54.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMPM.F's short term assets (HK$13.1B) exceed its short term liabilities (HK$11.4B).
Long Term Liabilities: LMPM.F's short term assets (HK$13.1B) do not cover its long term liabilities (HK$13.9B).
Debt to Equity History and Analysis
Debt Level: LMPM.F's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: LMPM.F's debt to equity ratio has increased from 59.6% to 67.1% over the past 5 years.
Debt Coverage: LMPM.F's debt is well covered by operating cash flow (23.6%).
Interest Coverage: LMPM.F's interest payments on its debt are not well covered by EBIT (3x coverage).