Asia Standard International Group Balance Sheet Health
Financial Health criteria checks 1/6
Asia Standard International Group has a total shareholder equity of HK$14.7B and total debt of HK$17.8B, which brings its debt-to-equity ratio to 121.3%. Its total assets and total liabilities are HK$34.1B and HK$19.5B respectively.
Key information
121.3%
Debt to equity ratio
HK$17.81b
Debt
Interest coverage ratio | n/a |
Cash | HK$3.43b |
Equity | HK$14.68b |
Total liabilities | HK$19.46b |
Total assets | HK$34.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASAS.F's short term assets (HK$10.8B) exceed its short term liabilities (HK$7.2B).
Long Term Liabilities: ASAS.F's short term assets (HK$10.8B) do not cover its long term liabilities (HK$12.2B).
Debt to Equity History and Analysis
Debt Level: ASAS.F's net debt to equity ratio (97.9%) is considered high.
Reducing Debt: ASAS.F's debt to equity ratio has increased from 80.8% to 121.3% over the past 5 years.
Debt Coverage: ASAS.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ASAS.F's interest payments on its debt are well covered by EBIT.