Easy Smart Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Easy Smart Group Holdings has a total shareholder equity of HK$281.6M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$300.6M and HK$19.0M respectively. Easy Smart Group Holdings's EBIT is HK$58.5M making its interest coverage ratio -69.4. It has cash and short-term investments of HK$113.4M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -69.4x |
| Cash | HK$113.39m |
| Equity | HK$281.56m |
| Total liabilities | HK$19.05m |
| Total assets | HK$300.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2442's short term assets (HK$294.1M) exceed its short term liabilities (HK$18.9M).
Long Term Liabilities: 2442's short term assets (HK$294.1M) exceed its long term liabilities (HK$141.0K).
Debt to Equity History and Analysis
Debt Level: 2442 is debt free.
Reducing Debt: 2442 had no debt 5 years ago.
Debt Coverage: 2442 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2442 has no debt, therefore coverage of interest payments is not a concern.