Wah Wo Holdings Group Balance Sheet Health
Financial Health criteria checks 6/6
Wah Wo Holdings Group has a total shareholder equity of HK$244.1M and total debt of HK$6.9M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are HK$284.5M and HK$40.4M respectively. Wah Wo Holdings Group's EBIT is HK$3.8M making its interest coverage ratio -3. It has cash and short-term investments of HK$30.7M.
Key information
2.8%
Debt to equity ratio
HK$6.87m
Debt
Interest coverage ratio | -3x |
Cash | HK$30.66m |
Equity | HK$244.11m |
Total liabilities | HK$40.38m |
Total assets | HK$284.49m |
Recent financial health updates
No updates
Recent updates
What Wah Wo Holdings Group Limited's (HKG:9938) P/S Is Not Telling You
Jan 23Wah Wo Holdings Group Limited's (HKG:9938) Business Is Yet to Catch Up With Its Share Price
Oct 12Capital Allocation Trends At Wah Wo Holdings Group (HKG:9938) Aren't Ideal
Apr 29Here's What's Concerning About Wah Wo Holdings Group's (HKG:9938) Returns On Capital
Oct 22Is Wah Wo Holdings Group (HKG:9938) Likely To Turn Things Around?
Mar 17We Think Wah Wo Holdings Group's (HKG:9938) Statutory Profit Might Understate Its Earnings Potential
Dec 30Financial Position Analysis
Short Term Liabilities: 9938's short term assets (HK$133.3M) exceed its short term liabilities (HK$37.4M).
Long Term Liabilities: 9938's short term assets (HK$133.3M) exceed its long term liabilities (HK$3.0M).
Debt to Equity History and Analysis
Debt Level: 9938 has more cash than its total debt.
Reducing Debt: 9938's debt to equity ratio has reduced from 6.4% to 2.8% over the past 5 years.
Debt Coverage: 9938's debt is well covered by operating cash flow (488.9%).
Interest Coverage: 9938 earns more interest than it pays, so coverage of interest payments is not a concern.