Sino Land Balance Sheet Health
Financial Health criteria checks 6/6
Sino Land has a total shareholder equity of HK$166.3B and total debt of HK$5.1B, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are HK$180.3B and HK$14.0B respectively. Sino Land's EBIT is HK$2.3B making its interest coverage ratio -1. It has cash and short-term investments of HK$46.4B.
Key information
3.1%
Debt to equity ratio
HK$5.11b
Debt
| Interest coverage ratio | -1x |
| Cash | HK$46.41b |
| Equity | HK$166.32b |
| Total liabilities | HK$14.03b |
| Total assets | HK$180.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNLA.Y's short term assets (HK$70.4B) exceed its short term liabilities (HK$7.8B).
Long Term Liabilities: SNLA.Y's short term assets (HK$70.4B) exceed its long term liabilities (HK$6.2B).
Debt to Equity History and Analysis
Debt Level: SNLA.Y has more cash than its total debt.
Reducing Debt: SNLA.Y's debt to equity ratio has reduced from 5.2% to 3.1% over the past 5 years.
Debt Coverage: SNLA.Y's debt is well covered by operating cash flow (22.5%).
Interest Coverage: SNLA.Y earns more interest than it pays, so coverage of interest payments is not a concern.