REF Holdings Balance Sheet Health

Financial Health criteria checks 6/6

REF Holdings has a total shareholder equity of HK$72.8M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$104.2M and HK$31.5M respectively. REF Holdings's EBIT is HK$12.7M making its interest coverage ratio -9.9. It has cash and short-term investments of HK$55.1M.

Key information

Debt to equity ratio

HK$0

Debt

Interest coverage ratio	-9.9x
Cash	HK$55.09m
Equity	HK$72.75m
Total liabilities	HK$31.47m
Total assets	HK$104.23m

Recent financial health updates

Recent updates

REF Holdings (HKG:1631) Might Be Having Difficulty Using Its Capital Effectively

Mar 16

A Look At The Fair Value Of REF Holdings Limited (HKG:1631)

Nov 19

Can REF Holdings Limited's (HKG:1631) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Mar 12

Financial Position Analysis

Short Term Liabilities: 1631's short term assets (HK$87.0M) exceed its short term liabilities (HK$30.6M).

Long Term Liabilities: 1631's short term assets (HK$87.0M) exceed its long term liabilities (HK$893.0K).

Debt to Equity History and Analysis

Debt Level: 1631 is debt free.

Reducing Debt: 1631 had no debt 5 years ago.

Debt Coverage: 1631 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1631 has no debt, therefore coverage of interest payments is not a concern.

REF Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

REF Holdings Limited SHS to Be Deleted from OTC Equity

REF Holdings Limited SHS to Be Deleted from OTC Equity

Recent updates

REF Holdings' (HKG:1631) Earnings Seem To Be Promising

REF Holdings Limited, Annual General Meeting, Apr 17, 2024

Full year 2023 earnings released: EPS: HK$0.046 (vs HK$0.044 in FY 2022)

REF Holdings Limited to Report Fiscal Year 2023 Results on Mar 06, 2024

REF Holdings Limited's (HKG:1631) 28% Share Price Surge Not Quite Adding Up

REF Holdings Limited SHS to Be Deleted from OTC Equity

REF Holdings Limited SHS to Be Deleted from OTC Equity

Estimating The Fair Value Of REF Holdings Limited (HKG:1631)

Now 20% undervalued after recent price drop

New major risk - Market cap size

Estimating The Intrinsic Value Of REF Holdings Limited (HKG:1631)

First half 2023 earnings released: EPS: HK$0.039 (vs HK$0.038 in 1H 2022)

First half 2023 earnings released: EPS: HK$0.039 (vs HK$0.038 in 1H 2022)

New major risk - Market cap size

These Return Metrics Don't Make REF Holdings (HKG:1631) Look Too Strong

REF Holdings Limited to Report Q2, 2023 Results on Aug 18, 2023

Now 22% undervalued after recent price drop

A Look At The Fair Value Of REF Holdings Limited (HKG:1631)

Upcoming dividend of HK$0.15 per share at 30% yield

Full year 2022 earnings released: EPS: HK$0.044 (vs HK$0.034 in FY 2021)

REF Holdings Limited to Report Fiscal Year 2022 Results on Mar 01, 2023

These Return Metrics Don't Make REF Holdings (HKG:1631) Look Too Strong

Calculating The Fair Value Of REF Holdings Limited (HKG:1631)

Some Investors May Be Worried About REF Holdings' (HKG:1631) Returns On Capital

First half 2022 earnings released: EPS: HK$0.038 (vs HK$0.03 in 1H 2021)

Capital Allocation Trends At REF Holdings (HKG:1631) Aren't Ideal

Upcoming dividend of HK$0.20 per share

REF Holdings (HKG:1631) Might Be Having Difficulty Using Its Capital Effectively

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

REF Holdings Limited Announces Final Dividend Payable on 13 May 2022

REF Holdings Limited to Report Fiscal Year 2021 Results on Mar 04, 2022

REF Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2021

A Look At The Fair Value Of REF Holdings Limited (HKG:1631)

Upcoming dividend of HK$0.30 per share

REF Holdings Limited Recommends Final Dividend for the Year 2020, Payable on or Before 6 May 2021

Can REF Holdings Limited's (HKG:1631) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Full year 2020 earnings released: EPS HK$0.071 (vs HK$0.13 in FY 2019)

REF Holdings Limited to Report Fiscal Year 2020 Results on Mar 11, 2021

New 90-day high: HK$0.56

New 90-day high: HK$0.50

New 90-day low - HK$0.41

First half earnings released

New 90-day high - HK$0.50

REF Holdings Limited to Report First Half, 2020 Results on Aug 21, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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