HKBN Balance Sheet Health
Financial Health criteria checks 2/6
HKBN has a total shareholder equity of HK$4.9B and total debt of HK$11.2B, which brings its debt-to-equity ratio to 227.7%. Its total assets and total liabilities are HK$20.4B and HK$15.5B respectively. HKBN's EBIT is HK$936.4M making its interest coverage ratio 4. It has cash and short-term investments of HK$1.2B.
Key information
227.7%
Debt to equity ratio
HK$11.21b
Debt
| Interest coverage ratio | 4x |
| Cash | HK$1.21b |
| Equity | HK$4.92b |
| Total liabilities | HK$15.50b |
| Total assets | HK$20.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HKBN.Y's short term assets (HK$3.0B) do not cover its short term liabilities (HK$3.1B).
Long Term Liabilities: HKBN.Y's short term assets (HK$3.0B) do not cover its long term liabilities (HK$12.4B).
Debt to Equity History and Analysis
Debt Level: HKBN.Y's net debt to equity ratio (203.2%) is considered high.
Reducing Debt: HKBN.Y's debt to equity ratio has reduced from 339.4% to 227.7% over the past 5 years.
Debt Coverage: HKBN.Y's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: HKBN.Y's interest payments on its debt are well covered by EBIT (4x coverage).