Asia Pioneer Entertainment Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Asia Pioneer Entertainment Holdings has a total shareholder equity of HK$15.7M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$29.0M and HK$13.3M respectively. Asia Pioneer Entertainment Holdings's EBIT is HK$3.8M making its interest coverage ratio 22.7. It has cash and short-term investments of HK$13.9M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 22.7x |
| Cash | HK$13.88m |
| Equity | HK$15.70m |
| Total liabilities | HK$13.31m |
| Total assets | HK$29.00m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8400's short term assets (HK$23.0M) exceed its short term liabilities (HK$10.7M).
Long Term Liabilities: 8400's short term assets (HK$23.0M) exceed its long term liabilities (HK$2.7M).
Debt to Equity History and Analysis
Debt Level: 8400 is debt free.
Reducing Debt: 8400 had no debt 5 years ago.
Debt Coverage: 8400 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8400 has no debt, therefore coverage of interest payments is not a concern.