Polyfair Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Polyfair Holdings has a total shareholder equity of HK$73.3M and total debt of HK$149.5M, which brings its debt-to-equity ratio to 204.1%. Its total assets and total liabilities are HK$376.6M and HK$303.4M respectively. Polyfair Holdings's EBIT is HK$12.1M making its interest coverage ratio 1.2. It has cash and short-term investments of HK$12.7M.
Key information
204.1%
Debt to equity ratio
HK$149.49m
Debt
| Interest coverage ratio | 1.2x |
| Cash | HK$12.70m |
| Equity | HK$73.26m |
| Total liabilities | HK$303.35m |
| Total assets | HK$376.61m |
Recent financial health updates
Is Polyfair Holdings (HKG:8532) A Risky Investment?
Jan 15
Here's Why Polyfair Holdings (HKG:8532) Has A Meaningful Debt Burden
Nov 22Is Polyfair Holdings (HKG:8532) A Risky Investment?
Jul 07These 4 Measures Indicate That Polyfair Holdings (HKG:8532) Is Using Debt Extensively
Jan 11Here's Why Polyfair Holdings (HKG:8532) Can Manage Its Debt Responsibly
Jul 23Does Polyfair Holdings (HKG:8532) Have A Healthy Balance Sheet?
Jan 04Recent updates
Polyfair Holdings Limited's (HKG:8532) Popularity With Investors Under Threat As Stock Sinks 29%
Nov 07Polyfair Holdings Limited's (HKG:8532) 27% Price Boost Is Out Of Tune With Earnings
Sep 03Earnings Not Telling The Story For Polyfair Holdings Limited (HKG:8532)
May 08Capital Allocation Trends At Polyfair Holdings (HKG:8532) Aren't Ideal
Mar 04Polyfair Holdings Limited (HKG:8532) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Jan 28Is Polyfair Holdings (HKG:8532) A Risky Investment?
Jan 15Here's Why Polyfair Holdings (HKG:8532) Has A Meaningful Debt Burden
Nov 22Is Polyfair Holdings (HKG:8532) A Risky Investment?
Jul 07These 4 Measures Indicate That Polyfair Holdings (HKG:8532) Is Using Debt Extensively
Jan 11Shareholders May Not Be So Generous With Polyfair Holdings Limited's (HKG:8532) CEO Compensation And Here's Why
Aug 13Here's Why Polyfair Holdings (HKG:8532) Can Manage Its Debt Responsibly
Jul 23How Should Investors React To Polyfair Holdings' (HKG:8532) CEO Pay?
Feb 22Does Polyfair Holdings (HKG:8532) Have A Healthy Balance Sheet?
Jan 04Financial Position Analysis
Short Term Liabilities: 8532's short term assets (HK$362.8M) exceed its short term liabilities (HK$302.2M).
Long Term Liabilities: 8532's short term assets (HK$362.8M) exceed its long term liabilities (HK$1.1M).
Debt to Equity History and Analysis
Debt Level: 8532's net debt to equity ratio (186.7%) is considered high.
Reducing Debt: 8532's debt to equity ratio has increased from 158.4% to 204.1% over the past 5 years.
Debt Coverage: 8532's debt is well covered by operating cash flow (20%).
Interest Coverage: 8532's interest payments on its debt are not well covered by EBIT (1.2x coverage).