Progressive Path Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Progressive Path Group Holdings has a total shareholder equity of HK$237.4M and total debt of HK$75.1M, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are HK$565.2M and HK$327.8M respectively.
Key information
31.7%
Debt to equity ratio
HK$75.15m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$37.40m |
| Equity | HK$237.41m |
| Total liabilities | HK$327.78m |
| Total assets | HK$565.19m |
Recent financial health updates
Progressive Path Group Holdings (HKG:1581) Is Making Moderate Use Of Debt
Mar 13
Progressive Path Group Holdings (HKG:1581) Is Making Moderate Use Of Debt
Dec 01Health Check: How Prudently Does Progressive Path Group Holdings (HKG:1581) Use Debt?
Jul 24Is Progressive Path Group Holdings (HKG:1581) Using Debt In A Risky Way?
Jan 17Is Progressive Path Group Holdings (HKG:1581) Using Too Much Debt?
Sep 07Does Progressive Path Group Holdings (HKG:1581) Have A Healthy Balance Sheet?
Dec 16Recent updates
Progressive Path Group Holdings (HKG:1581) Is Making Moderate Use Of Debt
Mar 13Progressive Path Group Holdings (HKG:1581) Is Making Moderate Use Of Debt
Dec 01Health Check: How Prudently Does Progressive Path Group Holdings (HKG:1581) Use Debt?
Jul 24Is Progressive Path Group Holdings (HKG:1581) Using Debt In A Risky Way?
Jan 17Is Progressive Path Group Holdings (HKG:1581) Using Too Much Debt?
Sep 07Progressive Path Group Holdings' (HKG:1581) Solid Profits Have Weak Fundamentals
Aug 02Returns On Capital At Progressive Path Group Holdings (HKG:1581) Paint A Concerning Picture
Jun 29A Look At The Fair Value Of Progressive Path Group Holdings Limited (HKG:1581)
Feb 10Does Progressive Path Group Holdings (HKG:1581) Have A Healthy Balance Sheet?
Dec 16We Think Progressive Path Group Holdings (HKG:1581) Has A Fair Chunk Of Debt
Jul 22Despite Lacking Profits Progressive Path Group Holdings (HKG:1581) Seems To Be On Top Of Its Debt
Jan 08
Financial Position Analysis
Short Term Liabilities: 1581's short term assets (HK$295.4M) exceed its short term liabilities (HK$260.2M).
Long Term Liabilities: 1581's short term assets (HK$295.4M) exceed its long term liabilities (HK$67.6M).
Debt to Equity History and Analysis
Debt Level: 1581's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 1581's debt to equity ratio has increased from 17.8% to 31.7% over the past 5 years.
Debt Coverage: 1581's debt is well covered by operating cash flow (114.1%).
Interest Coverage: Insufficient data to determine if 1581's interest payments on its debt are well covered by EBIT.