Wan Kei Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Wan Kei Group Holdings has a total shareholder equity of HK$90.8M and total debt of HK$177.4M, which brings its debt-to-equity ratio to 195.3%. Its total assets and total liabilities are HK$324.0M and HK$233.1M respectively. Wan Kei Group Holdings's EBIT is HK$510.8K making its interest coverage ratio 0.1. It has cash and short-term investments of HK$158.8M.
Key information
195.3%
Debt to equity ratio
HK$177.35m
Debt
| Interest coverage ratio | 0.07x |
| Cash | HK$158.77m |
| Equity | HK$90.83m |
| Total liabilities | HK$233.15m |
| Total assets | HK$323.97m |
Recent financial health updates
Here's Why Wan Kei Group Holdings (HKG:1718) Can Afford Some Debt
Mar 01
Is Wan Kei Group Holdings (HKG:1718) Using Too Much Debt?
Nov 28Here's Why Wan Kei Group Holdings (HKG:1718) Can Afford Some Debt
Aug 03Is Wan Kei Group Holdings (HKG:1718) A Risky Investment?
Aug 09Wan Kei Group Holdings (HKG:1718) Could Easily Take On More Debt
Mar 24These 4 Measures Indicate That Wan Kei Group Holdings (HKG:1718) Is Using Debt Reasonably Well
Dec 01Recent updates
Wan Kei Group Holdings Limited (HKG:1718) Stock Rockets 45% As Investors Are Less Pessimistic Than Expected
Oct 10Wan Kei Group Holdings Limited's (HKG:1718) 26% Share Price Plunge Could Signal Some Risk
Aug 26Wan Kei Group Holdings Limited's (HKG:1718) 30% Share Price Plunge Could Signal Some Risk
Apr 27Some Wan Kei Group Holdings Limited (HKG:1718) Shareholders Look For Exit As Shares Take 25% Pounding
Mar 01Here's Why Wan Kei Group Holdings (HKG:1718) Can Afford Some Debt
Mar 01Wan Kei Group Holdings Limited's (HKG:1718) Popularity With Investors Under Threat As Stock Sinks 29%
Dec 25Is Wan Kei Group Holdings (HKG:1718) Using Too Much Debt?
Nov 28Here's Why Wan Kei Group Holdings (HKG:1718) Can Afford Some Debt
Aug 03Unpleasant Surprises Could Be In Store For Wan Kei Group Holdings Limited's (HKG:1718) Shares
Apr 17Calculating The Intrinsic Value Of Wan Kei Group Holdings Limited (HKG:1718)
Nov 26Is Wan Kei Group Holdings (HKG:1718) A Risky Investment?
Aug 09Wan Kei Group Holdings (HKG:1718) Could Easily Take On More Debt
Mar 24These 4 Measures Indicate That Wan Kei Group Holdings (HKG:1718) Is Using Debt Reasonably Well
Dec 01Is Wan Kei Group Holdings (HKG:1718) A Risky Investment?
Aug 05Is Wan Kei Group Holdings (HKG:1718) Using Too Much Debt?
Dec 17Financial Position Analysis
Short Term Liabilities: 1718's short term assets (HK$310.9M) exceed its short term liabilities (HK$230.2M).
Long Term Liabilities: 1718's short term assets (HK$310.9M) exceed its long term liabilities (HK$3.0M).
Debt to Equity History and Analysis
Debt Level: 1718's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 1718's debt to equity ratio has increased from 72.7% to 195.3% 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: Whilst unprofitable 1718 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1718 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.9% per year.