Sheung Moon Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Sheung Moon Holdings has a total shareholder equity of HK$-65.3M and total debt of HK$62.1M, which brings its debt-to-equity ratio to -95%. Its total assets and total liabilities are HK$68.5M and HK$133.8M respectively. Sheung Moon Holdings's EBIT is HK$10.9M making its interest coverage ratio 3.1. It has cash and short-term investments of HK$5.0M.
Key information
-95.0%
Debt to equity ratio
HK$62.05m
Debt
| Interest coverage ratio | 3.1x |
| Cash | HK$5.02m |
| Equity | -HK$65.29m |
| Total liabilities | HK$133.82m |
| Total assets | HK$68.53m |
Recent financial health updates
Here's Why Sheung Moon Holdings (HKG:8523) Can Afford Some Debt
Dec 14
Would Sheung Moon Holdings (HKG:8523) Be Better Off With Less Debt?
Aug 27We Think Sheung Moon Holdings (HKG:8523) Is Taking Some Risk With Its Debt
Jan 04Recent updates
Some Sheung Moon Holdings Limited (HKG:8523) Shareholders Look For Exit As Shares Take 47% Pounding
Mar 23Sheung Moon Holdings Limited's (HKG:8523) Shares May Have Run Too Fast Too Soon
Jan 22Estimating The Fair Value Of Sheung Moon Holdings Limited (HKG:8523)
Aug 25Be Wary Of Sheung Moon Holdings (HKG:8523) And Its Returns On Capital
Jul 21Here's Why Sheung Moon Holdings (HKG:8523) Can Afford Some Debt
Dec 14Would Sheung Moon Holdings (HKG:8523) Be Better Off With Less Debt?
Aug 27Sheung Moon Holdings (HKG:8523) Will Will Want To Turn Around Its Return Trends
Apr 30Is Sheung Moon Holdings Limited's(HKG:8523) Recent Stock Performance Tethered To Its Strong Fundamentals?
Feb 12
Should You Be Impressed By Sheung Moon Holdings' (HKG:8523) Returns on Capital?
Jan 22We Think Sheung Moon Holdings (HKG:8523) Is Taking Some Risk With Its Debt
Jan 04Should You Be Adding Sheung Moon Holdings (HKG:8523) To Your Watchlist Today?
Dec 16We Wouldn't Rely On Sheung Moon Holdings's (HKG:8523) Statutory Earnings As A Guide
Nov 24Financial Position Analysis
Short Term Liabilities: 8523 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8523 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8523 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 8523's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 8523 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8523 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.3% per year.