Sheung Yue Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Sheung Yue Group Holdings has a total shareholder equity of HK$181.4M and total debt of HK$105.9M, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are HK$356.3M and HK$174.9M respectively. Sheung Yue Group Holdings's EBIT is HK$9.8M making its interest coverage ratio 1.8. It has cash and short-term investments of HK$17.3M.
Key information
58.4%
Debt to equity ratio
HK$105.94m
Debt
| Interest coverage ratio | 1.8x |
| Cash | HK$17.31m |
| Equity | HK$181.38m |
| Total liabilities | HK$174.93m |
| Total assets | HK$356.32m |
Recent financial health updates
Sheung Yue Group Holdings (HKG:1633) Use Of Debt Could Be Considered Risky
Sep 12
We Think Sheung Yue Group Holdings (HKG:1633) Can Stay On Top Of Its Debt
Mar 04Sheung Yue Group Holdings (HKG:1633) Has A Pretty Healthy Balance Sheet
Aug 24Is Sheung Yue Group Holdings (HKG:1633) Using Too Much Debt?
Jan 30Recent updates
Sheung Yue Group Holdings (HKG:1633) Use Of Debt Could Be Considered Risky
Sep 12Sheung Yue Group Holdings Limited (HKG:1633) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Aug 07Shareholders May Be A Bit More Conservative With Sheung Yue Group Holdings Limited's (HKG:1633) CEO Compensation For Now
Jul 25Subdued Growth No Barrier To Sheung Yue Group Holdings Limited (HKG:1633) With Shares Advancing 34%
Apr 16We Think Sheung Yue Group Holdings (HKG:1633) Can Stay On Top Of Its Debt
Mar 04Sheung Yue Group Holdings Limited's (HKG:1633) Share Price Could Signal Some Risk
Jan 26Returns Are Gaining Momentum At Sheung Yue Group Holdings (HKG:1633)
Oct 16Sheung Yue Group Holdings (HKG:1633) Has A Pretty Healthy Balance Sheet
Aug 24Returns Are Gaining Momentum At Sheung Yue Group Holdings (HKG:1633)
Jul 04Sheung Yue Group Holdings (HKG:1633) May Have Issues Allocating Its Capital
Mar 30Is Sheung Yue Group Holdings (HKG:1633) Using Too Much Debt?
Jan 30Sheung Yue Group Holdings Limited's (HKG:1633) Shares Climb 41% But Its Business Is Yet to Catch Up
Dec 06Capital Allocation Trends At Sheung Yue Group Holdings (HKG:1633) Aren't Ideal
Nov 10Sheung Yue Group Holdings' (HKG:1633) Robust Earnings Might Be Weaker Than You Think
Jul 27Here's What's Concerning About Sheung Yue Group Holdings' (HKG:1633) Returns On Capital
Jun 29Shareholders May Not Be So Generous With Sheung Yue Group Holdings Limited's (HKG:1633) CEO Compensation And Here's Why
Aug 11What Did Sheung Yue Group Holdings' (HKG:1633) CEO Take Home Last Year?
Feb 12
Financial Position Analysis
Short Term Liabilities: 1633's short term assets (HK$255.6M) exceed its short term liabilities (HK$171.4M).
Long Term Liabilities: 1633's short term assets (HK$255.6M) exceed its long term liabilities (HK$3.5M).
Debt to Equity History and Analysis
Debt Level: 1633's net debt to equity ratio (48.9%) is considered high.
Reducing Debt: 1633's debt to equity ratio has increased from 2.9% to 58.4% over the past 5 years.
Debt Coverage: 1633's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1633's interest payments on its debt are not well covered by EBIT (1.8x coverage).