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$1.2B and total debt of HK$3.1B, which brings its debt-to-equity ratio to 259.1%. Its total assets and total liabilities are HK$8.1B and HK$6.9B respectively.
Key information
259.1%
Debt to equity ratio
HK$3.10b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$708.55m |
| Equity | HK$1.20b |
| Total liabilities | HK$6.93b |
| Total assets | HK$8.12b |
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$31.8M).
Debt to Equity History and Analysis
Debt Level: 0BX's net debt to equity ratio (199.9%) is considered high.
Reducing Debt: 0BX's debt to equity ratio has increased from 109.3% to 259.1% over the past 5 years.
Debt Coverage: 0BX's debt is well covered by operating cash flow (91.8%).
Interest Coverage: Insufficient data to determine if 0BX's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 17:00 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Bright Smart Securities & Commodities Group Limited is covered by 1 analysts. 0 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 |
|---|---|
| Alex Fan | GF Securities (Hong Kong) Brokerage Limited |