GME Group Holdings Limited

SEHK:8188 Stock Report

Market Cap: HK$129.0m

GME Group Holdings Balance Sheet Health

Financial Health criteria checks 3/6

GME Group Holdings has a total shareholder equity of HK$131.1M and total debt of HK$74.0M, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are HK$273.1M and HK$142.0M respectively. GME Group Holdings's EBIT is HK$73.3M making its interest coverage ratio 19.8. It has cash and short-term investments of HK$4.5M.

Key information

56.5%

Debt to equity ratio

HK$74.00m

Debt

Interest coverage ratio19.8x
CashHK$4.47m
EquityHK$131.07m
Total liabilitiesHK$142.03m
Total assetsHK$273.10m

Recent financial health updates

Recent updates

We Think GME Group Holdings (HKG:8188) Can Stay On Top Of Its Debt

May 23
We Think GME Group Holdings (HKG:8188) Can Stay On Top Of Its Debt

We Think That There Are Issues Underlying GME Group Holdings' (HKG:8188) Earnings

Apr 21
We Think That There Are Issues Underlying GME Group Holdings' (HKG:8188) Earnings

GME Group Holdings Limited's (HKG:8188) Shares Leap 82% Yet They're Still Not Telling The Full Story

Apr 13
GME Group Holdings Limited's (HKG:8188) Shares Leap 82% Yet They're Still Not Telling The Full Story

GME Group Holdings Limited (HKG:8188) Soars 33% But It's A Story Of Risk Vs Reward

Jan 08
GME Group Holdings Limited (HKG:8188) Soars 33% But It's A Story Of Risk Vs Reward

Would GME Group Holdings (HKG:8188) Be Better Off With Less Debt?

May 17
Would GME Group Holdings (HKG:8188) Be Better Off With Less Debt?

If EPS Growth Is Important To You, GME Group Holdings (HKG:8188) Presents An Opportunity

Mar 06
If EPS Growth Is Important To You, GME Group Holdings (HKG:8188) Presents An Opportunity

If EPS Growth Is Important To You, GME Group Holdings (HKG:8188) Presents An Opportunity

Sep 02
If EPS Growth Is Important To You, GME Group Holdings (HKG:8188) Presents An Opportunity

GME Group Holdings' (HKG:8188) Earnings Aren't As Good As They Appear

Apr 06
GME Group Holdings' (HKG:8188) Earnings Aren't As Good As They Appear

If You Like EPS Growth Then Check Out GME Group Holdings (HKG:8188) Before It's Too Late

Apr 05
If You Like EPS Growth Then Check Out GME Group Holdings (HKG:8188) Before It's Too Late

Insider Buying: The GME Group Holdings Limited (HKG:8188) Executive Director Just Bought HK$136k Worth Of Shares

Jan 08
Insider Buying: The GME Group Holdings Limited (HKG:8188) Executive Director Just Bought HK$136k Worth Of Shares

The Executive Director of GME Group Holdings Limited (HKG:8188), Wei Chu Chuang, Just Bought A Few More Shares

Nov 28
The Executive Director of GME Group Holdings Limited (HKG:8188), Wei Chu Chuang, Just Bought A Few More Shares

Financial Position Analysis

Short Term Liabilities: 8188's short term assets (HK$253.4M) exceed its short term liabilities (HK$137.7M).

Long Term Liabilities: 8188's short term assets (HK$253.4M) exceed its long term liabilities (HK$4.3M).


Debt to Equity History and Analysis

Debt Level: 8188's net debt to equity ratio (53%) is considered high.

Reducing Debt: 8188's debt to equity ratio has increased from 0% to 56.5% over the past 5 years.

Debt Coverage: 8188's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 8188's interest payments on its debt are well covered by EBIT (19.8x coverage).


Balance Sheet


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