Kingboard Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Kingboard Holdings has a total shareholder equity of HK$65.0B and total debt of HK$23.2B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are HK$99.8B and HK$34.9B respectively. Kingboard Holdings's EBIT is HK$4.9B making its interest coverage ratio 4.7. It has cash and short-term investments of HK$11.3B.
Key information
35.7%
Debt to equity ratio
HK$23.19b
Debt
| Interest coverage ratio | 4.7x |
| Cash | HK$11.32b |
| Equity | HK$64.95b |
| Total liabilities | HK$34.86b |
| Total assets | HK$99.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KBDC.Y's short term assets (HK$44.1B) exceed its short term liabilities (HK$19.8B).
Long Term Liabilities: KBDC.Y's short term assets (HK$44.1B) exceed its long term liabilities (HK$15.0B).
Debt to Equity History and Analysis
Debt Level: KBDC.Y's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: KBDC.Y's debt to equity ratio has reduced from 49.8% to 35.7% over the past 5 years.
Debt Coverage: KBDC.Y's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: KBDC.Y's interest payments on its debt are well covered by EBIT (4.7x coverage).