HSC Resources Group Balance Sheet Health
Financial Health criteria checks 3/6
HSC Resources Group has a total shareholder equity of HK$273.9M and total debt of HK$54.5M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are HK$397.1M and HK$123.2M respectively. HSC Resources Group's EBIT is HK$4.8M making its interest coverage ratio 1.3. It has cash and short-term investments of HK$16.9M.
Key information
19.9%
Debt to equity ratio
HK$54.51m
Debt
| Interest coverage ratio | 1.3x |
| Cash | HK$16.89m |
| Equity | HK$273.90m |
| Total liabilities | HK$123.16m |
| Total assets | HK$397.06m |
Recent financial health updates
No updates
Recent updates
HSC Resources Group Limited (HKG:1850) Stock's 35% Dive Might Signal An Opportunity But It Requires Some Scrutiny
May 27
Investors Give HSC Resources Group Limited (HKG:1850) Shares A 26% Hiding
Mar 17Market Might Still Lack Some Conviction On HSC Resources Group Limited (HKG:1850) Even After 138% Share Price Boost
Dec 26Financial Position Analysis
Short Term Liabilities: 1850's short term assets (HK$372.5M) exceed its short term liabilities (HK$122.7M).
Long Term Liabilities: 1850's short term assets (HK$372.5M) exceed its long term liabilities (HK$457.0K).
Debt to Equity History and Analysis
Debt Level: 1850's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: 1850's debt to equity ratio has increased from 12.5% to 19.9% over the past 5 years.
Debt Coverage: 1850's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1850's interest payments on its debt are not well covered by EBIT (1.3x coverage).