Shun Tak Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Shun Tak Holdings has a total shareholder equity of HK$34.1B and total debt of HK$15.6B, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are HK$51.8B and HK$17.8B respectively. Shun Tak Holdings's EBIT is HK$949.2M making its interest coverage ratio 1.4. It has cash and short-term investments of HK$6.6B.
Key information
45.8%
Debt to equity ratio
HK$15.59b
Debt
Interest coverage ratio | 1.4x |
Cash | HK$6.63b |
Equity | HK$34.07b |
Total liabilities | HK$17.76b |
Total assets | HK$51.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHTG.F's short term assets (HK$18.9B) exceed its short term liabilities (HK$5.2B).
Long Term Liabilities: SHTG.F's short term assets (HK$18.9B) exceed its long term liabilities (HK$12.5B).
Debt to Equity History and Analysis
Debt Level: SHTG.F's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: SHTG.F's debt to equity ratio has reduced from 49.6% to 45.8% over the past 5 years.
Debt Coverage: SHTG.F's debt is not well covered by operating cash flow (11%).
Interest Coverage: SHTG.F's interest payments on its debt are not well covered by EBIT (1.4x coverage).