Hysan Development Balance Sheet Health
Financial Health criteria checks 3/6
Hysan Development has a total shareholder equity of HK$79.7B and total debt of HK$31.3B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are HK$114.5B and HK$34.8B respectively. Hysan Development's EBIT is HK$2.5B making its interest coverage ratio 14.8. It has cash and short-term investments of HK$2.6B.
Key information
39.3%
Debt to equity ratio
HK$31.29b
Debt
Interest coverage ratio | 14.8x |
Cash | HK$2.58b |
Equity | HK$79.69b |
Total liabilities | HK$34.84b |
Total assets | HK$114.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYSN.Y's short term assets (HK$4.2B) exceed its short term liabilities (HK$1.8B).
Long Term Liabilities: HYSN.Y's short term assets (HK$4.2B) do not cover its long term liabilities (HK$33.0B).
Debt to Equity History and Analysis
Debt Level: HYSN.Y's net debt to equity ratio (36%) is considered satisfactory.
Reducing Debt: HYSN.Y's debt to equity ratio has increased from 8.5% to 39.3% over the past 5 years.
Debt Coverage: HYSN.Y's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: HYSN.Y's interest payments on its debt are well covered by EBIT (14.8x coverage).