GME Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
GME Group Holdings has a total shareholder equity of HK$162.2M and total debt of HK$49.2M, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are HK$311.4M and HK$149.2M respectively. GME Group Holdings's EBIT is HK$136.4M making its interest coverage ratio 35.5. It has cash and short-term investments of HK$14.4M.
Key information
30.3%
Debt to equity ratio
HK$49.23m
Debt
| Interest coverage ratio | 35.5x |
| Cash | HK$14.44m |
| Equity | HK$162.23m |
| Total liabilities | HK$149.15m |
| Total assets | HK$311.38m |
Recent financial health updates
Is GME Group Holdings (HKG:8188) Using Too Much Debt?
Oct 01
We Think GME Group Holdings (HKG:8188) Can Stay On Top Of Its Debt
May 23Would GME Group Holdings (HKG:8188) Be Better Off With Less Debt?
May 17Recent updates
Is GME Group Holdings (HKG:8188) Using Too Much Debt?
Oct 01GME Group Holdings Limited (HKG:8188) Soars 41% But It's A Story Of Risk Vs Reward
Jun 27We Think GME Group Holdings (HKG:8188) Can Stay On Top Of Its Debt
May 23We Think That There Are Issues Underlying GME Group Holdings' (HKG:8188) Earnings
Apr 21GME Group Holdings Limited's (HKG:8188) Shares Leap 82% Yet They're Still Not Telling The Full Story
Apr 13GME Group Holdings Limited (HKG:8188) Soars 33% But It's A Story Of Risk Vs Reward
Jan 08Would GME Group Holdings (HKG:8188) Be Better Off With Less Debt?
May 17If EPS Growth Is Important To You, GME Group Holdings (HKG:8188) Presents An Opportunity
Mar 06If EPS Growth Is Important To You, GME Group Holdings (HKG:8188) Presents An Opportunity
Sep 02GME Group Holdings' (HKG:8188) Earnings Aren't As Good As They Appear
Apr 06If You Like EPS Growth Then Check Out GME Group Holdings (HKG:8188) Before It's Too Late
Apr 05Insider Buying: The GME Group Holdings Limited (HKG:8188) Executive Director Just Bought HK$136k Worth Of Shares
Jan 08
The Executive Director of GME Group Holdings Limited (HKG:8188), Wei Chu Chuang, Just Bought A Few More Shares
Nov 28Financial Position Analysis
Short Term Liabilities: 8188's short term assets (HK$288.9M) exceed its short term liabilities (HK$144.5M).
Long Term Liabilities: 8188's short term assets (HK$288.9M) exceed its long term liabilities (HK$4.7M).
Debt to Equity History and Analysis
Debt Level: 8188's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: 8188's debt to equity ratio has increased from 0% to 30.3% 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 (35.5x coverage).