Kingboard Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Kingboard Holdings has a total shareholder equity of HK$64.4B and total debt of HK$22.9B, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are HK$99.0B and HK$34.5B respectively. Kingboard Holdings's EBIT is HK$4.1B making its interest coverage ratio 4.8. It has cash and short-term investments of HK$13.0B.
Key information
35.6%
Debt to equity ratio
HK$22.92b
Debt
Interest coverage ratio | 4.8x |
Cash | HK$12.99b |
Equity | HK$64.43b |
Total liabilities | HK$34.53b |
Total assets | HK$98.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KBDC.F's short term assets (HK$44.2B) exceed its short term liabilities (HK$18.9B).
Long Term Liabilities: KBDC.F's short term assets (HK$44.2B) exceed its long term liabilities (HK$15.6B).
Debt to Equity History and Analysis
Debt Level: KBDC.F's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: KBDC.F's debt to equity ratio has reduced from 50.4% to 35.6% over the past 5 years.
Debt Coverage: KBDC.F's debt is well covered by operating cash flow (35.6%).
Interest Coverage: KBDC.F's interest payments on its debt are well covered by EBIT (4.8x coverage).