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
Some Confidence Is Lacking In REM Group (Holdings) Limited (HKG:1750) As Shares Slide 27%
Dec 18REM Group (Holdings) (HKG:1750) Could Be At Risk Of Shrinking As A Company
Nov 28REM 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 17:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
REM Group (Holdings) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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