Fullwealth International Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fullwealth International Group Holdings has a total shareholder equity of HK$212.4M and total debt of HK$1.1M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are HK$259.4M and HK$46.9M respectively. Fullwealth International Group Holdings's EBIT is HK$16.7M making its interest coverage ratio -20.4. It has cash and short-term investments of HK$164.9M.
Key information
0.5%
Debt to equity ratio
HK$1.11m
Debt
| Interest coverage ratio | -20.4x |
| Cash | HK$164.92m |
| Equity | HK$212.44m |
| Total liabilities | HK$46.95m |
| Total assets | HK$259.39m |
Recent financial health updates
No updates
Recent updates
Here's What's Concerning About Fullwealth International Group Holdings' (HKG:1034) Returns On Capital
Mar 07
Fullwealth International Group Holdings (HKG:1034) Might Be Having Difficulty Using Its Capital Effectively
Oct 19A Look At The Intrinsic Value Of Fullwealth International Group Holdings Limited (HKG:1034)
May 17Weak Statutory Earnings May Not Tell The Whole Story For Fullwealth International Group Holdings (HKG:1034)
Apr 26Financial Position Analysis
Short Term Liabilities: 1034's short term assets (HK$228.1M) exceed its short term liabilities (HK$46.4M).
Long Term Liabilities: 1034's short term assets (HK$228.1M) exceed its long term liabilities (HK$571.0K).
Debt to Equity History and Analysis
Debt Level: 1034 has more cash than its total debt.
Reducing Debt: 1034's debt to equity ratio has reduced from 7.3% to 0.5% over the past 5 years.
Debt Coverage: 1034's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1034 earns more interest than it pays, so coverage of interest payments is not a concern.