United Energy Group Balance Sheet Health
Financial Health criteria checks 6/6
United Energy Group has a total shareholder equity of HK$13.8B and total debt of HK$313.6M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are HK$27.3B and HK$13.5B respectively. United Energy Group's EBIT is HK$2.2B making its interest coverage ratio 30. It has cash and short-term investments of HK$4.8B.
Key information
2.3%
Debt to equity ratio
HK$313.61m
Debt
| Interest coverage ratio | 30x |
| Cash | HK$4.82b |
| Equity | HK$13.81b |
| Total liabilities | HK$13.50b |
| Total assets | HK$27.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1UEN's short term assets (HK$12.6B) exceed its short term liabilities (HK$10.6B).
Long Term Liabilities: 1UEN's short term assets (HK$12.6B) exceed its long term liabilities (HK$2.9B).
Debt to Equity History and Analysis
Debt Level: 1UEN has more cash than its total debt.
Reducing Debt: 1UEN's debt to equity ratio has reduced from 56.4% to 2.3% over the past 5 years.
Debt Coverage: 1UEN's debt is well covered by operating cash flow (2812.1%).
Interest Coverage: 1UEN's interest payments on its debt are well covered by EBIT (30x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:23 |
| End of Day Share Price | 2024/12/23 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
United Energy Group Limited is covered by 6 analysts. 2 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 |
|---|---|
| Helen Lau | CCB International Securities Limited |
| Jimmy Wong | Citigroup Inc |
| null null | CMB International Securities Limited |