Bright Smart Securities & Commodities Group Balance Sheet Health
Financial Health criteria checks 3/6
Bright Smart Securities & Commodities Group has a total shareholder equity of HK$1.4B and total debt of HK$3.8B, which brings its debt-to-equity ratio to 261.4%. Its total assets and total liabilities are HK$7.1B and HK$5.6B respectively.
Key information
261.4%
Debt to equity ratio
HK$3.78b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$492.85m |
| Equity | HK$1.44b |
| Total liabilities | HK$5.63b |
| Total assets | HK$7.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0BX's short term assets (HK$6.9B) exceed its short term liabilities (HK$5.6B).
Long Term Liabilities: 0BX's short term assets (HK$6.9B) exceed its long term liabilities (HK$56.8M).
Debt to Equity History and Analysis
Debt Level: 0BX's net debt to equity ratio (227.3%) is considered high.
Reducing Debt: 0BX's debt to equity ratio has increased from 124.7% to 261.4% over the past 5 years.
Debt Coverage: 0BX's debt is well covered by operating cash flow (37.2%).
Interest Coverage: Insufficient data to determine if 0BX's interest payments on its debt are well covered by EBIT.