Solartech International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Solartech International Holdings has a total shareholder equity of HK$865.8M and total debt of HK$283.8M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are HK$1.4B and HK$581.2M respectively.
Key information
32.8%
Debt to equity ratio
HK$283.79m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$116.34m |
| Equity | HK$865.81m |
| Total liabilities | HK$581.18m |
| Total assets | HK$1.45b |
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$375.7M) do not cover its short term liabilities (HK$376.7M).
Long Term Liabilities: 1166's short term assets (HK$375.7M) exceed its long term liabilities (HK$204.5M).
Debt to Equity History and Analysis
Debt Level: 1166's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 1166's debt to equity ratio has increased from 11.7% to 32.8% 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 1.3 years if free cash flow continues to grow at historical rates of 46.4% each year.