Accel Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Accel Group Holdings has a total shareholder equity of HK$421.7M and total debt of HK$23.6M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are HK$526.2M and HK$104.5M respectively. Accel Group Holdings's EBIT is HK$47.1M making its interest coverage ratio 53.3. It has cash and short-term investments of HK$98.4M.
Key information
5.6%
Debt to equity ratio
HK$23.59m
Debt
| Interest coverage ratio | 53.3x |
| Cash | HK$98.43m |
| Equity | HK$421.70m |
| Total liabilities | HK$104.48m |
| Total assets | HK$526.17m |
Recent financial health updates
Recent updates
Here's Why It's Unlikely That Accel Group Holdings Limited's (HKG:1283) CEO Will See A Pay Rise This Year
Sep 03
Accel Group Holdings Limited's (HKG:1283) Share Price Could Signal Some Risk
May 10Accel Group Holdings (HKG:1283) Has Announced That Its Dividend Will Be Reduced To HK$0.007
Dec 04Accel Group Holdings (HKG:1283) Has Announced That Its Dividend Will Be Reduced To HK$0.016
Sep 10Accel Group Holdings (HKG:1283) Will Pay A Smaller Dividend Than Last Year
Aug 27Accel Group Holdings (HKG:1283) Is Paying Out Less In Dividends Than Last Year
Jul 02Accel Group Holdings (HKG:1283) Is Paying Out Less In Dividends Than Last Year
Dec 01We Think Accel Group Holdings (HKG:1283) Can Stay On Top Of Its Debt
Sep 06Accel Group Holdings' (HKG:1283) Upcoming Dividend Will Be Larger Than Last Year's
Aug 03Accel Group Holdings (HKG:1283) Might Be Having Difficulty Using Its Capital Effectively
Jun 05Why Dividend Hunters Love Accel Group Holdings Limited (HKG:1283)
Apr 05Can You Imagine How Jubilant Accel Group Holdings' (HKG:1283) Shareholders Feel About Its 172% Share Price Gain?
Mar 09We're Watching These Trends At Accel Group Holdings (HKG:1283)
Feb 11Is Weakness In Accel Group Holdings Limited (HKG:1283) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Jan 16Is It Worth Buying Accel Group Holdings Limited (HKG:1283) For Its 1.6% Dividend Yield?
Dec 15Did You Miss Accel Group Holdings' (HKG:1283) Whopping 399% Share Price Gain?
Nov 19
Financial Position Analysis
Short Term Liabilities: 1283's short term assets (HK$427.4M) exceed its short term liabilities (HK$99.2M).
Long Term Liabilities: 1283's short term assets (HK$427.4M) exceed its long term liabilities (HK$5.3M).
Debt to Equity History and Analysis
Debt Level: 1283 has more cash than its total debt.
Reducing Debt: 1283's debt to equity ratio has increased from 1.4% to 5.6% over the past 5 years.
Debt Coverage: 1283's debt is well covered by operating cash flow (359%).
Interest Coverage: 1283's interest payments on its debt are well covered by EBIT (53.3x coverage).