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$48.5B and total debt of HK$50.7B, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are HK$118.9B and HK$70.3B respectively. HK Electric Investments and HK Electric Investments's EBIT is HK$5.4B making its interest coverage ratio 4. It has cash and short-term investments of HK$189.0M.
Key information
104.4%
Debt to equity ratio
HK$50.66b
Debt
| Interest coverage ratio | 4x |
| Cash | HK$189.00m |
| Equity | HK$48.53b |
| Total liabilities | HK$70.34b |
| Total assets | HK$118.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HKVT.Y's short term assets (HK$3.0B) do not cover its short term liabilities (HK$4.9B).
Long Term Liabilities: HKVT.Y's short term assets (HK$3.0B) do not cover its long term liabilities (HK$65.5B).
Debt to Equity History and Analysis
Debt Level: HKVT.Y's net debt to equity ratio (104%) is considered high.
Reducing Debt: HKVT.Y's debt to equity ratio has increased from 91% to 104.4% over the past 5 years.
Debt Coverage: HKVT.Y's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: HKVT.Y's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:53 |
| End of Day Share Price | 2024/10/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HK Electric Investments and HK Electric Investments Limited is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Patrick Xu | Barclays |
| Girish Nair | BNP Paribas Securities (Asia) |
| Jun Liu | China International Capital Corporation Limited |