Coolpoint Innonism Holding Balance Sheet Health
Financial Health criteria checks 3/6
Coolpoint Innonism Holding has a total shareholder equity of HK$68.4M and total debt of HK$42.4M, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are HK$168.7M and HK$100.3M respectively.
Key information
62.0%
Debt to equity ratio
HK$42.41m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$24.09m |
| Equity | HK$68.35m |
| Total liabilities | HK$100.30m |
| Total assets | HK$168.65m |
Recent financial health updates
Recent updates
Investors Still Aren't Entirely Convinced By Coolpoint Innonism Holding Limited's (HKG:8040) Revenues Despite 31% Price Jump
Sep 05
Investors Give Coolpoint Innonism Holding Limited (HKG:8040) Shares A 26% Hiding
Jul 02Coolpoint Innonism Holding (HKG:8040) Will Be Looking To Turn Around Its Returns
May 02These 4 Measures Indicate That Coolpoint Innonism Holding (HKG:8040) Is Using Debt Reasonably Well
Mar 14Some Confidence Is Lacking In Coolpoint Innonism Holding Limited's (HKG:8040) P/S
Feb 12Coolpoint Innonism Holding (HKG:8040) Has Some Difficulty Using Its Capital Effectively
Oct 14How Does DCB Holdings' (HKG:8040) CEO Salary Compare to Peers?
Feb 10
Financial Position Analysis
Short Term Liabilities: 8040's short term assets (HK$160.0M) exceed its short term liabilities (HK$66.5M).
Long Term Liabilities: 8040's short term assets (HK$160.0M) exceed its long term liabilities (HK$33.8M).
Debt to Equity History and Analysis
Debt Level: 8040's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: 8040's debt to equity ratio has increased from 0% to 62% over the past 5 years.
Debt Coverage: 8040's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8040's interest payments on its debt are well covered by EBIT.