Impro Precision Industries Balance Sheet Health
Financial Health criteria checks 6/6
Impro Precision Industries has a total shareholder equity of HK$4.8B and total debt of HK$2.1B, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are HK$8.1B and HK$3.3B respectively. Impro Precision Industries's EBIT is HK$711.0M making its interest coverage ratio 6.3. It has cash and short-term investments of HK$447.4M.
Key information
43.6%
Debt to equity ratio
HK$2.11b
Debt
| Interest coverage ratio | 6.3x |
| Cash | HK$447.43m |
| Equity | HK$4.84b |
| Total liabilities | HK$3.30b |
| Total assets | HK$8.14b |
Recent financial health updates
Here's Why Impro Precision Industries (HKG:1286) Has A Meaningful Debt Burden
Sep 28
Here's Why Impro Precision Industries (HKG:1286) Can Manage Its Debt Responsibly
Nov 28Here's Why Impro Precision Industries (HKG:1286) Can Manage Its Debt Responsibly
Nov 09Is Impro Precision Industries (HKG:1286) A Risky Investment?
Apr 13We Think Impro Precision Industries (HKG:1286) Can Stay On Top Of Its Debt
Nov 05Is Impro Precision Industries (HKG:1286) Using Too Much Debt?
Apr 03Recent updates
Sentiment Still Eluding Impro Precision Industries Limited (HKG:1286)
Oct 24Here's Why Impro Precision Industries (HKG:1286) Has A Meaningful Debt Burden
Sep 28Calculating The Fair Value Of Impro Precision Industries Limited (HKG:1286)
Mar 06Impro Precision Industries (HKG:1286) Will Want To Turn Around Its Return Trends
Jan 19There's Reason For Concern Over Impro Precision Industries Limited's (HKG:1286) Massive 27% Price Jump
Jan 19Here's Why Impro Precision Industries (HKG:1286) Can Manage Its Debt Responsibly
Nov 28Calculating The Fair Value Of Impro Precision Industries Limited (HKG:1286)
Oct 25With EPS Growth And More, Impro Precision Industries (HKG:1286) Makes An Interesting Case
Oct 03Impro Precision Industries (HKG:1286) Is Due To Pay A Dividend Of HK$0.08
Aug 10Here's Why Impro Precision Industries (HKG:1286) Can Manage Its Debt Responsibly
Nov 09Impro Precision Industries (HKG:1286) Will Be Hoping To Turn Its Returns On Capital Around
Oct 26Is Impro Precision Industries (HKG:1286) A Risky Investment?
Apr 13We Think Impro Precision Industries (HKG:1286) Can Stay On Top Of Its Debt
Nov 05Is Impro Precision Industries (HKG:1286) Using Too Much Debt?
Apr 03Did Impro Precision Industries Limited (HKG:1286) Insiders Buy Up More Shares?
Feb 28The Impro Precision Industries (HKG:1286) Share Price Is Up 12% And Shareholders Are Holding On
Feb 07Returns On Capital At Impro Precision Industries (HKG:1286) Paint An Interesting Picture
Jan 17
Should You Buy Impro Precision Industries Limited (HKG:1286) For Its Dividend?
Dec 27These 4 Measures Indicate That Impro Precision Industries (HKG:1286) Is Using Debt Reasonably Well
Dec 09Did Impro Precision Industries Limited (HKG:1286) Insiders Buy Up More Shares?
Nov 18Impro Precision Industries (HKG:1286) Share Prices Have Dropped 22% In The Last Year
Jul 07Financial Position Analysis
Short Term Liabilities: 1286's short term assets (HK$2.9B) exceed its short term liabilities (HK$1.8B).
Long Term Liabilities: 1286's short term assets (HK$2.9B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: 1286's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: 1286's debt to equity ratio has reduced from 49.8% to 43.6% over the past 5 years.
Debt Coverage: 1286's debt is well covered by operating cash flow (52.1%).
Interest Coverage: 1286's interest payments on its debt are well covered by EBIT (6.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:06 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Impro Precision Industries Limited is covered by 3 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 |
|---|---|
| Fung Chun Lam | DBS Bank Ltd |
| Kevin Luo | Morgan Stanley |
| Tsz Wang Poon | Quam Securities Limited |