New Provenance Everlasting Holdings Balance Sheet Health
Financial Health criteria checks 6/6
New Provenance Everlasting Holdings has a total shareholder equity of HK$453.2M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$1.5B and HK$1.1B respectively. New Provenance Everlasting Holdings's EBIT is HK$5.2M making its interest coverage ratio 8.9. It has cash and short-term investments of HK$6.4M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 8.9x |
| Cash | HK$6.35m |
| Equity | HK$453.21m |
| Total liabilities | HK$1.08b |
| Total assets | HK$1.53b |
Recent financial health updates
No updates
Recent updates
New Provenance Everlasting Holdings' (HKG:2326) Returns On Capital Not Reflecting Well On The Business
Feb 16
These Return Metrics Don't Make New Provenance Everlasting Holdings (HKG:2326) Look Too Strong
Oct 06New Provenance Everlasting Holdings (HKG:2326) Will Be Hoping To Turn Its Returns On Capital Around
Jul 05Estimating The Fair Value Of New Provenance Everlasting Holdings Limited (HKG:2326)
Mar 14How Much Is New Provenance Everlasting Holdings Limited (HKG:2326) Paying Its CEO?
Dec 31
Financial Position Analysis
Short Term Liabilities: 2326's short term assets (HK$1.5B) exceed its short term liabilities (HK$1.1B).
Long Term Liabilities: 2326's short term assets (HK$1.5B) exceed its long term liabilities (HK$6.2M).
Debt to Equity History and Analysis
Debt Level: 2326 is debt free.
Reducing Debt: 2326 has no debt compared to 5 years ago when its debt to equity ratio was 213.8%.
Debt Coverage: 2326 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2326 has no debt, therefore coverage of interest payments is not a concern.