HK Electric Investments and HK Electric Investments Balance Sheet Health
Financial Health criteria checks 1/6
HK Electric Investments and HK Electric Investments has a total shareholder equity of HK$49.0B and total debt of HK$50.2B, which brings its debt-to-equity ratio to 102.5%. Its total assets and total liabilities are HK$118.5B and HK$69.6B respectively. HK Electric Investments and HK Electric Investments's EBIT is HK$5.2B making its interest coverage ratio 3.9. It has cash and short-term investments of HK$114.0M.
Key information
102.5%
Debt to equity ratio
HK$50.21b
Debt
| Interest coverage ratio | 3.9x |
| Cash | HK$114.00m |
| Equity | HK$48.98b |
| Total liabilities | HK$69.56b |
| Total assets | HK$118.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HKCV.F's short term assets (HK$2.5B) do not cover its short term liabilities (HK$5.1B).
Long Term Liabilities: HKCV.F's short term assets (HK$2.5B) do not cover its long term liabilities (HK$64.4B).
Debt to Equity History and Analysis
Debt Level: HKCV.F's net debt to equity ratio (102.3%) is considered high.
Reducing Debt: HKCV.F's debt to equity ratio has increased from 86.1% to 102.5% over the past 5 years.
Debt Coverage: HKCV.F's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: HKCV.F's interest payments on its debt are well covered by EBIT (3.9x coverage).