Golden Power Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Golden Power Group Holdings has a total shareholder equity of HK$294.8M and total debt of HK$209.2M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are HK$632.6M and HK$337.7M respectively. Golden Power Group Holdings's EBIT is HK$6.6M making its interest coverage ratio 0.9. It has cash and short-term investments of HK$28.7M.
Key information
70.9%
Debt to equity ratio
HK$209.18m
Debt
| Interest coverage ratio | 0.9x |
| Cash | HK$28.67m |
| Equity | HK$294.84m |
| Total liabilities | HK$337.71m |
| Total assets | HK$632.55m |
Recent financial health updates
Golden Power Group Holdings (HKG:3919) Has Debt But No Earnings; Should You Worry?
Mar 28
Health Check: How Prudently Does Golden Power Group Holdings (HKG:3919) Use Debt?
Dec 05Is Golden Power Group Holdings (HKG:3919) Using Debt In A Risky Way?
Aug 20We Think Golden Power Group Holdings (HKG:3919) Is Taking Some Risk With Its Debt
Mar 30Recent updates
Golden Power Group Holdings Limited's (HKG:3919) Shares Climb 28% But Its Business Is Yet to Catch Up
Jun 12We Like These Underlying Return On Capital Trends At Golden Power Group Holdings (HKG:3919)
May 21Golden Power Group Holdings (HKG:3919) Has Debt But No Earnings; Should You Worry?
Mar 28Health Check: How Prudently Does Golden Power Group Holdings (HKG:3919) Use Debt?
Dec 05Is Golden Power Group Holdings (HKG:3919) Using Debt In A Risky Way?
Aug 20Golden Power Group Holdings (HKG:3919) Is Reinvesting At Lower Rates Of Return
Jan 22Here's What's Concerning About Golden Power Group Holdings' (HKG:3919) Returns On Capital
Oct 08Golden Power Group Holdings (HKG:3919) May Have Issues Allocating Its Capital
Jul 01Golden Power Group Holdings (HKG:3919) Will Will Want To Turn Around Its Return Trends
Apr 26We Think Golden Power Group Holdings (HKG:3919) Is Taking Some Risk With Its Debt
Mar 30Should You Use Golden Power Group Holdings' (HKG:3919) Statutory Earnings To Analyse It?
Feb 07
Should You Be Impressed By Golden Power Group Holdings' (HKG:3919) Returns on Capital?
Jan 12The Executive Chairman of Golden Power Group Holdings Limited (HKG:3919), King Tien Chu, Just Bought 1.4% More Shares
Dec 17How Much Did Golden Power Group Holdings' (HKG:3919) CEO Pocket Last Year?
Dec 14Have Insiders Been Buying Golden Power Group Holdings Limited (HKG:3919) Shares?
Nov 24Financial Position Analysis
Short Term Liabilities: 3919's short term assets (HK$151.4M) do not cover its short term liabilities (HK$308.3M).
Long Term Liabilities: 3919's short term assets (HK$151.4M) exceed its long term liabilities (HK$29.4M).
Debt to Equity History and Analysis
Debt Level: 3919's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: 3919's debt to equity ratio has increased from 67.7% to 70.9% over the past 5 years.
Debt Coverage: 3919's debt is not well covered by operating cash flow (19%).
Interest Coverage: 3919's interest payments on its debt are not well covered by EBIT (0.9x coverage).