New Times Energy Balance Sheet Health
Financial Health criteria checks 4/6
New Times Energy has a total shareholder equity of HK$1.2B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$1.7B and HK$508.3M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$832.10m |
| Equity | HK$1.19b |
| Total liabilities | HK$508.30m |
| Total assets | HK$1.70b |
Recent financial health updates
New Times Energy (HKG:166) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Sep 10
Here's Why New Times Energy (HKG:166) Can Manage Its Debt Despite Losing Money
Mar 19Health Check: How Prudently Does New Times Energy (HKG:166) Use Debt?
Nov 17Recent updates
New Times Energy (HKG:166) Will Be Hoping To Turn Its Returns On Capital Around
Oct 13New Times Energy (HKG:166) Might Have The Makings Of A Multi-Bagger
Dec 06Statutory Earnings May Not Be The Best Way To Understand New Times Energy's (HKG:166) True Position
May 09New Times Energy (HKG:166) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Sep 10Here's Why New Times Energy (HKG:166) Can Manage Its Debt Despite Losing Money
Mar 19New Times Energy (HKG:166) Share Prices Have Dropped 66% In The Last Three Years
Dec 22Health Check: How Prudently Does New Times Energy (HKG:166) Use Debt?
Nov 17Financial Position Analysis
Short Term Liabilities: 166's short term assets (HK$1.0B) exceed its short term liabilities (HK$252.8M).
Long Term Liabilities: 166's short term assets (HK$1.0B) exceed its long term liabilities (HK$255.5M).
Debt to Equity History and Analysis
Debt Level: 166 is debt free.
Reducing Debt: 166 has no debt compared to 5 years ago when its debt to equity ratio was 6.7%.
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: Insufficient data to determine if 166 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 166 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.