REM Group (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
REM Group (Holdings) has a total shareholder equity of HK$167.9M and total debt of HK$2.9M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are HK$204.0M and HK$36.1M respectively. REM Group (Holdings)'s EBIT is HK$5.6M making its interest coverage ratio -5.5. It has cash and short-term investments of HK$53.0M.
Key information
1.7%
Debt to equity ratio
HK$2.92m
Debt
| Interest coverage ratio | -5.5x |
| Cash | HK$53.00m |
| Equity | HK$167.93m |
| Total liabilities | HK$36.11m |
| Total assets | HK$204.04m |
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)'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$172.0M) exceed its short term liabilities (HK$33.5M).
Long Term Liabilities: 1750's short term assets (HK$172.0M) exceed its long term liabilities (HK$2.6M).
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 0.1% to 1.7% over the past 5 years.
Debt Coverage: 1750's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1750 earns more interest than it pays, so coverage of interest payments is not a concern.