Shun Wo Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Shun Wo Group Holdings has a total shareholder equity of HK$145.7M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$203.4M and HK$57.7M respectively. Shun Wo Group Holdings's EBIT is HK$38.4M making its interest coverage ratio -15.8. It has cash and short-term investments of HK$93.4M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -15.8x |
| Cash | HK$93.40m |
| Equity | HK$145.71m |
| Total liabilities | HK$57.70m |
| Total assets | HK$203.41m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 2983's short term assets (HK$190.8M) exceed its short term liabilities (HK$56.5M).
Long Term Liabilities: 2983's short term assets (HK$190.8M) exceed its long term liabilities (HK$1.2M).
Debt to Equity History and Analysis
Debt Level: 2983 is debt free.
Reducing Debt: 2983 has not had any debt for past 5 years.
Debt Coverage: 2983 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2983 has no debt, therefore coverage of interest payments is not a concern.