HKBN Balance Sheet Health
Financial Health criteria checks 1/6
HKBN has a total shareholder equity of HK$3.1B and total debt of HK$11.0B, which brings its debt-to-equity ratio to 359.1%. Its total assets and total liabilities are HK$18.1B and HK$15.1B respectively. HKBN's EBIT is HK$721.1M making its interest coverage ratio 1.1. It has cash and short-term investments of HK$1.0B.
Key information
359.1%
Debt to equity ratio
HK$10.96b
Debt
Interest coverage ratio | 1.1x |
Cash | HK$1.03b |
Equity | HK$3.05b |
Total liabilities | HK$15.10b |
Total assets | HK$18.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HKBN.F's short term assets (HK$2.8B) do not cover its short term liabilities (HK$3.1B).
Long Term Liabilities: HKBN.F's short term assets (HK$2.8B) do not cover its long term liabilities (HK$12.0B).
Debt to Equity History and Analysis
Debt Level: HKBN.F's net debt to equity ratio (325.3%) is considered high.
Reducing Debt: HKBN.F's debt to equity ratio has reduced from 373.6% to 359.1% over the past 5 years.
Debt Coverage: HKBN.F's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: HKBN.F's interest payments on its debt are not well covered by EBIT (1.1x coverage).