Green Economy Development Balance Sheet Health
Financial Health criteria checks 4/6
Green Economy Development has a total shareholder equity of HK$72.9M and total debt of HK$227.9M, which brings its debt-to-equity ratio to 312.6%. Its total assets and total liabilities are HK$689.9M and HK$617.0M respectively.
Key information
312.6%
Debt to equity ratio
HK$227.90m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$94.59m |
| Equity | HK$72.90m |
| Total liabilities | HK$616.96m |
| Total assets | HK$689.86m |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of Green Economy Development Limited (HKG:1315)
Mar 28
Returns On Capital Are A Standout For Green Economy Development (HKG:1315)
Mar 07We Don’t Think Green Economy Development's (HKG:1315) Earnings Should Make Shareholders Too Comfortable
Jan 05Shareholders Will Probably Hold Off On Increasing Vision Fame International Holding Limited's (HKG:1315) CEO Compensation For The Time Being
Sep 23Our View On Vision Fame International Holding's (HKG:1315) CEO Pay
Dec 07
Financial Position Analysis
Short Term Liabilities: 1315's short term assets (HK$684.6M) exceed its short term liabilities (HK$408.4M).
Long Term Liabilities: 1315's short term assets (HK$684.6M) exceed its long term liabilities (HK$208.5M).
Debt to Equity History and Analysis
Debt Level: 1315's net debt to equity ratio (182.9%) is considered high.
Reducing Debt: 1315's debt to equity ratio has increased from 152.1% to 312.6% 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: 1315 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1315 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 43.4% each year