Vobile Group Balance Sheet Health
Financial Health criteria checks 3/6
Vobile Group has a total shareholder equity of HK$2.1B and total debt of HK$546.8M, which brings its debt-to-equity ratio to 25.8%. Its total assets and total liabilities are HK$3.4B and HK$1.3B respectively. Vobile Group's EBIT is HK$180.3M making its interest coverage ratio 1.6. It has cash and short-term investments of HK$248.2M.
Key information
25.8%
Debt to equity ratio
HK$546.81m
Debt
Interest coverage ratio | 1.6x |
Cash | HK$248.21m |
Equity | HK$2.12b |
Total liabilities | HK$1.29b |
Total assets | HK$3.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOBI.F's short term assets (HK$1.4B) exceed its short term liabilities (HK$724.2M).
Long Term Liabilities: VOBI.F's short term assets (HK$1.4B) exceed its long term liabilities (HK$563.6M).
Debt to Equity History and Analysis
Debt Level: VOBI.F's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: VOBI.F's debt to equity ratio has increased from 0% to 25.8% over the past 5 years.
Debt Coverage: VOBI.F's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: VOBI.F's interest payments on its debt are not well covered by EBIT (1.6x coverage).