RENHENG Enterprise Holdings Balance Sheet Health
Financial Health criteria checks 6/6
RENHENG Enterprise Holdings has a total shareholder equity of HK$123.4M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$235.5M and HK$112.1M respectively. RENHENG Enterprise Holdings's EBIT is HK$14.6M making its interest coverage ratio -15. It has cash and short-term investments of HK$86.1M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -15x |
| Cash | HK$86.10m |
| Equity | HK$123.39m |
| Total liabilities | HK$112.13m |
| Total assets | HK$235.52m |
Recent financial health updates
No updates
Recent updates
RENHENG Enterprise Holdings Limited's (HKG:3628) Shares Climb 28% But Its Business Is Yet to Catch Up
Mar 11
RENHENG Enterprise Holdings (HKG:3628) Could Be Struggling To Allocate Capital
Mar 07RENHENG Enterprise Holdings Limited (HKG:3628) Not Lagging Industry On Growth Or Pricing
Dec 22RENHENG Enterprise Holdings (HKG:3628) Will Be Looking To Turn Around Its Returns
Sep 13What Can We Learn About RENHENG Enterprise Holdings' (HKG:3628) CEO Compensation?
Nov 25Financial Position Analysis
Short Term Liabilities: 3628's short term assets (HK$209.4M) exceed its short term liabilities (HK$110.5M).
Long Term Liabilities: 3628's short term assets (HK$209.4M) exceed its long term liabilities (HK$1.7M).
Debt to Equity History and Analysis
Debt Level: 3628 is debt free.
Reducing Debt: 3628 has no debt compared to 5 years ago when its debt to equity ratio was 3.6%.
Debt Coverage: 3628 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3628 has no debt, therefore coverage of interest payments is not a concern.