Sino Land Balance Sheet Health
Financial Health criteria checks 5/6
Sino Land has a total shareholder equity of HK$165.2B and total debt of HK$4.3B, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are HK$179.1B and HK$13.8B respectively. Sino Land's EBIT is HK$3.4B making its interest coverage ratio -1.8. It has cash and short-term investments of HK$44.1B.
Key information
2.6%
Debt to equity ratio
HK$4.30b
Debt
Interest coverage ratio | -1.8x |
Cash | HK$44.12b |
Equity | HK$165.25b |
Total liabilities | HK$13.84b |
Total assets | HK$179.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNLA.F's short term assets (HK$66.7B) exceed its short term liabilities (HK$8.5B).
Long Term Liabilities: SNLA.F's short term assets (HK$66.7B) exceed its long term liabilities (HK$5.4B).
Debt to Equity History and Analysis
Debt Level: SNLA.F has more cash than its total debt.
Reducing Debt: SNLA.F's debt to equity ratio has reduced from 4% to 2.6% over the past 5 years.
Debt Coverage: SNLA.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SNLA.F earns more interest than it pays, so coverage of interest payments is not a concern.