Road King Infrastructure Balance Sheet Health
Financial Health criteria checks 2/6
Road King Infrastructure has a total shareholder equity of HK$27.2B and total debt of HK$23.6B, which brings its debt-to-equity ratio to 86.9%. Its total assets and total liabilities are HK$73.1B and HK$45.9B respectively.
Key information
86.9%
Debt to equity ratio
HK$23.62b
Debt
Interest coverage ratio | n/a |
Cash | HK$5.48b |
Equity | HK$27.20b |
Total liabilities | HK$45.95b |
Total assets | HK$73.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RKGX.F's short term assets (HK$45.6B) exceed its short term liabilities (HK$31.4B).
Long Term Liabilities: RKGX.F's short term assets (HK$45.6B) exceed its long term liabilities (HK$14.5B).
Debt to Equity History and Analysis
Debt Level: RKGX.F's net debt to equity ratio (66.7%) is considered high.
Reducing Debt: RKGX.F's debt to equity ratio has increased from 83.4% to 86.9% over the past 5 years.
Debt Coverage: RKGX.F's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: Insufficient data to determine if RKGX.F's interest payments on its debt are well covered by EBIT.