Sun Hung Kai Properties Balance Sheet Health
Financial Health criteria checks 4/6
Sun Hung Kai Properties has a total shareholder equity of HK$606.9B and total debt of HK$135.7B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are HK$816.1B and HK$209.3B respectively. Sun Hung Kai Properties's EBIT is HK$27.4B making its interest coverage ratio 9.5. It has cash and short-term investments of HK$8.6B.
Key information
22.4%
Debt to equity ratio
HK$135.72b
Debt
Interest coverage ratio | 9.5x |
Cash | HK$8.61b |
Equity | HK$606.88b |
Total liabilities | HK$209.26b |
Total assets | HK$816.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUHJ.F's short term assets (HK$244.7B) exceed its short term liabilities (HK$65.1B).
Long Term Liabilities: SUHJ.F's short term assets (HK$244.7B) exceed its long term liabilities (HK$144.2B).
Debt to Equity History and Analysis
Debt Level: SUHJ.F's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: SUHJ.F's debt to equity ratio has increased from 16.7% to 22.4% over the past 5 years.
Debt Coverage: SUHJ.F's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: SUHJ.F's interest payments on its debt are well covered by EBIT (9.5x coverage).