Green Economy Development Balance Sheet Health
Financial Health criteria checks 6/6
Green Economy Development has a total shareholder equity of HK$135.9M and total debt of HK$207.9M, which brings its debt-to-equity ratio to 152.9%. Its total assets and total liabilities are HK$755.4M and HK$619.5M respectively. Green Economy Development's EBIT is HK$58.0M making its interest coverage ratio 3. It has cash and short-term investments of HK$240.6M.
Key information
152.9%
Debt to equity ratio
HK$207.85m
Debt
| Interest coverage ratio | 3x |
| Cash | HK$240.64m |
| Equity | HK$135.91m |
| Total liabilities | HK$619.47m |
| Total assets | HK$755.38m |
Recent financial health updates
Recent updates
Shareholders May Not Be So Generous With Green Economy Development Limited's (HKG:1315) CEO Compensation And Here's Why
Sep 20
Is Green Economy Development (HKG:1315) Using Too Much Debt?
Aug 22Estimating The Fair Value Of Green Economy Development Limited (HKG:1315)
Mar 28Returns 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$748.4M) exceed its short term liabilities (HK$411.7M).
Long Term Liabilities: 1315's short term assets (HK$748.4M) exceed its long term liabilities (HK$207.8M).
Debt to Equity History and Analysis
Debt Level: 1315 has more cash than its total debt.
Reducing Debt: 1315's debt to equity ratio has reduced from 198.7% to 152.9% over the past 5 years.
Debt Coverage: 1315's debt is well covered by operating cash flow (24.9%).
Interest Coverage: 1315's interest payments on its debt are well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 07:38 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
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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
Green Economy Development 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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