Suncorp Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Suncorp Technologies has a total shareholder equity of HK$243.3M and total debt of HK$1.4M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are HK$264.0M and HK$20.8M respectively. Suncorp Technologies's EBIT is HK$16.4M making its interest coverage ratio 99.2. It has cash and short-term investments of HK$120.0M.
Key information
0.6%
Debt to equity ratio
HK$1.40m
Debt
Interest coverage ratio | 99.2x |
Cash | HK$119.98m |
Equity | HK$243.27m |
Total liabilities | HK$20.75m |
Total assets | HK$264.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUNT.F's short term assets (HK$263.7M) exceed its short term liabilities (HK$20.8M).
Long Term Liabilities: SUNT.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SUNT.F has more cash than its total debt.
Reducing Debt: SUNT.F's debt to equity ratio has increased from 0.5% to 0.6% over the past 5 years.
Debt Coverage: SUNT.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SUNT.F's interest payments on its debt are well covered by EBIT (99.2x coverage).