VPower Group International Holdings Balance Sheet Health
Financial Health criteria checks 2/6
VPower Group International Holdings has a total shareholder equity of HK$2.8B and total debt of HK$2.9B, which brings its debt-to-equity ratio to 102.6%. Its total assets and total liabilities are HK$8.3B and HK$5.5B respectively.
Key information
102.6%
Debt to equity ratio
HK$2.89b
Debt
Interest coverage ratio | n/a |
Cash | HK$111.88m |
Equity | HK$2.82b |
Total liabilities | HK$5.46b |
Total assets | HK$8.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2V3's short term assets (HK$4.1B) do not cover its short term liabilities (HK$5.4B).
Long Term Liabilities: 2V3's short term assets (HK$4.1B) exceed its long term liabilities (HK$96.5M).
Debt to Equity History and Analysis
Debt Level: 2V3's net debt to equity ratio (98.7%) is considered high.
Reducing Debt: 2V3's debt to equity ratio has reduced from 150.8% to 102.6% over the past 5 years.
Debt Coverage: 2V3's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: Insufficient data to determine if 2V3's interest payments on its debt are well covered by EBIT.