IPE Group Balance Sheet Health
Financial Health criteria checks 6/6
IPE Group has a total shareholder equity of HK$2.0B and total debt of HK$185.5M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are HK$2.5B and HK$582.6M respectively. IPE Group's EBIT is HK$719.0K making its interest coverage ratio -0.1. It has cash and short-term investments of HK$718.0M.
Key information
9.4%
Debt to equity ratio
HK$185.55m
Debt
| Interest coverage ratio | -0.1x |
| Cash | HK$718.04m |
| Equity | HK$1.96b |
| Total liabilities | HK$582.64m |
| Total assets | HK$2.55b |
Recent financial health updates
Is IPE Group (HKG:929) Using Debt Sensibly?
Sep 01
Is IPE Group (HKG:929) A Risky Investment?
Jun 23IPE Group (HKG:929) Has A Rock Solid Balance Sheet
Dec 03IPE Group (HKG:929) Has A Rock Solid Balance Sheet
Aug 27These 4 Measures Indicate That IPE Group (HKG:929) Is Using Debt Safely
May 04Recent updates
IPE Group Limited's (HKG:929) Share Price Not Quite Adding Up
Jan 26Is IPE Group (HKG:929) Using Debt Sensibly?
Sep 01IPE Group's (HKG:929) Returns On Capital Not Reflecting Well On The Business
May 04IPE Group (HKG:929) Will Be Hoping To Turn Its Returns On Capital Around
Nov 28Is IPE Group (HKG:929) A Risky Investment?
Jun 23IPE Group (HKG:929) Has A Rock Solid Balance Sheet
Dec 03IPE Group (HKG:929) Will Be Looking To Turn Around Its Returns
Oct 08IPE Group (HKG:929) Has A Rock Solid Balance Sheet
Aug 27These 4 Measures Indicate That IPE Group (HKG:929) Is Using Debt Safely
May 04We're Watching These Trends At IPE Group (HKG:929)
Mar 18Should You Use IPE Group's (HKG:929) Statutory Earnings To Analyse It?
Feb 19What Percentage Of IPE Group Limited (HKG:929) Shares Do Insiders Own?
Jan 26
IPE Group's (HKG:929) Stock Price Has Reduced 61% In The Past Three Years
Dec 16The Returns At IPE Group (HKG:929) Provide Us With Signs Of What's To Come
Nov 25Financial Position Analysis
Short Term Liabilities: 929's short term assets (HK$1.5B) exceed its short term liabilities (HK$427.4M).
Long Term Liabilities: 929's short term assets (HK$1.5B) exceed its long term liabilities (HK$155.3M).
Debt to Equity History and Analysis
Debt Level: 929 has more cash than its total debt.
Reducing Debt: 929's debt to equity ratio has reduced from 25.8% to 9.4% over the past 5 years.
Debt Coverage: 929's debt is well covered by operating cash flow (79.6%).
Interest Coverage: 929 earns more interest than it pays, so coverage of interest payments is not a concern.