Bright Smart Securities & Commodities Group Balance Sheet Health
Financial Health criteria checks 2/6
Bright Smart Securities & Commodities Group has a total shareholder equity of HK$1.2B and total debt of HK$5.2B, which brings its debt-to-equity ratio to 435.7%. Its total assets and total liabilities are HK$8.1B and HK$6.9B respectively.
Key information
435.7%
Debt to equity ratio
HK$5.18b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$459.03m |
| Equity | HK$1.19b |
| Total liabilities | HK$6.86b |
| Total assets | HK$8.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0BX's short term assets (HK$7.9B) exceed its short term liabilities (HK$6.9B).
Long Term Liabilities: 0BX's short term assets (HK$7.9B) exceed its long term liabilities (HK$7.5M).
Debt to Equity History and Analysis
Debt Level: 0BX's net debt to equity ratio (397.1%) is considered high.
Reducing Debt: 0BX's debt to equity ratio has increased from 149.8% to 435.7% over the past 5 years.
Debt Coverage: 0BX's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: Insufficient data to determine if 0BX's interest payments on its debt are well covered by EBIT.