REM Group (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
REM Group (Holdings) has a total shareholder equity of HK$163.8M and total debt of HK$2.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are HK$201.7M and HK$37.8M respectively. REM Group (Holdings)'s EBIT is HK$2.7M making its interest coverage ratio -2.6. It has cash and short-term investments of HK$55.8M.
Key information
1.3%
Debt to equity ratio
HK$2.14m
Debt
| Interest coverage ratio | -2.6x |
| Cash | HK$55.84m |
| Equity | HK$163.84m |
| Total liabilities | HK$37.84m |
| Total assets | HK$201.69m |
Recent financial health updates
Does REM Group (Holdings) (HKG:1750) Have A Healthy Balance Sheet?
Jun 05
Is REM Group (Holdings) (HKG:1750) Using Debt In A Risky Way?
Sep 06Recent updates
REM Group (Holdings) Limited's (HKG:1750) 40% Price Boost Is Out Of Tune With Earnings
Oct 03These Return Metrics Don't Make REM Group (Holdings) (HKG:1750) Look Too Strong
Jul 19REM Group (Holdings) Limited's (HKG:1750) Shares May Have Run Too Fast Too Soon
May 10REM Group (Holdings)'s (HKG:1750) Returns On Capital Not Reflecting Well On The Business
Dec 06REM Group (Holdings) (HKG:1750) Could Be Struggling To Allocate Capital
Sep 01Does REM Group (Holdings) (HKG:1750) Have A Healthy Balance Sheet?
Jun 05Is REM Group (Holdings) (HKG:1750) Using Debt In A Risky Way?
Sep 06Financial Position Analysis
Short Term Liabilities: 1750's short term assets (HK$168.1M) exceed its short term liabilities (HK$35.4M).
Long Term Liabilities: 1750's short term assets (HK$168.1M) exceed its long term liabilities (HK$2.4M).
Debt to Equity History and Analysis
Debt Level: 1750 has more cash than its total debt.
Reducing Debt: 1750's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: 1750's debt is well covered by operating cash flow (498.8%).
Interest Coverage: 1750 earns more interest than it pays, so coverage of interest payments is not a concern.