Solartech International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Solartech International Holdings has a total shareholder equity of HK$798.7M and total debt of HK$262.4M, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are HK$1.4B and HK$568.6M respectively.
Key information
32.9%
Debt to equity ratio
HK$262.43m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$117.57m |
| Equity | HK$798.73m |
| Total liabilities | HK$568.59m |
| Total assets | HK$1.37b |
Recent financial health updates
Is Solartech International Holdings (HKG:1166) Weighed On By Its Debt Load?
Oct 13
Is Solartech International Holdings (HKG:1166) Using Debt In A Risky Way?
Mar 31Is Solartech International Holdings (HKG:1166) Using Too Much Debt?
Oct 12Is Solartech International Holdings (HKG:1166) Using Too Much Debt?
May 07Is Solartech International Holdings (HKG:1166) Using Too Much Debt?
Sep 30Does Solartech International Holdings (HKG:1166) Have A Healthy Balance Sheet?
Jun 13Recent updates
Solartech International Holdings Limited (HKG:1166) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Feb 19Subdued Growth No Barrier To Solartech International Holdings Limited's (HKG:1166) Price
Dec 22Is Solartech International Holdings (HKG:1166) Weighed On By Its Debt Load?
Oct 13Risks To Shareholder Returns Are Elevated At These Prices For Solartech International Holdings Limited (HKG:1166)
Jul 18Is Solartech International Holdings (HKG:1166) Using Debt In A Risky Way?
Mar 31It's Unlikely That Solartech International Holdings Limited's (HKG:1166) CEO Will See A Huge Pay Rise This Year
Nov 28Is Solartech International Holdings (HKG:1166) Using Too Much Debt?
Oct 12Solartech International Holdings (HKG:1166) Might Have The Makings Of A Multi-Bagger
Jun 28Is Solartech International Holdings (HKG:1166) Using Too Much Debt?
May 07Solartech International Holdings' (HKG:1166) Returns On Capital Are Heading Higher
Feb 28Shareholders May Be More Conservative With Solartech International Holdings Limited's (HKG:1166) CEO Compensation For Now
Nov 26Solartech International Holdings' (HKG:1166) Solid Profits Have Weak Fundamentals
Oct 28Is Solartech International Holdings (HKG:1166) Using Too Much Debt?
Sep 30Does Solartech International Holdings (HKG:1166) Have A Healthy Balance Sheet?
Jun 13A Look At Solartech International Holdings' (HKG:1166) CEO Remuneration
Feb 28How Is Solartech International Holdings' (HKG:1166) CEO Paid Relative To Peers?
Nov 23
Financial Position Analysis
Short Term Liabilities: 1166's short term assets (HK$358.7M) do not cover its short term liabilities (HK$404.8M).
Long Term Liabilities: 1166's short term assets (HK$358.7M) exceed its long term liabilities (HK$163.8M).
Debt to Equity History and Analysis
Debt Level: 1166's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: 1166's debt to equity ratio has increased from 15.4% to 32.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1166 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1166 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 44.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 00:14 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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
Solartech International Holdings Limited is covered by 0 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 |
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