HSC Resources Group Balance Sheet Health
Financial Health criteria checks 3/6
HSC Resources Group has a total shareholder equity of HK$273.5M and total debt of HK$52.2M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are HK$387.7M and HK$114.3M respectively. HSC Resources Group's EBIT is HK$6.3M making its interest coverage ratio 2.1. It has cash and short-term investments of HK$95.7M.
Key information
19.1%
Debt to equity ratio
HK$52.18m
Debt
Interest coverage ratio | 2.1x |
Cash | HK$95.75m |
Equity | HK$273.48m |
Total liabilities | HK$114.25m |
Total assets | HK$387.73m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1850's short term assets (HK$359.5M) exceed its short term liabilities (HK$111.9M).
Long Term Liabilities: 1850's short term assets (HK$359.5M) exceed its long term liabilities (HK$2.3M).
Debt to Equity History and Analysis
Debt Level: 1850 has more cash than its total debt.
Reducing Debt: 1850's debt to equity ratio has increased from 5.7% to 19.1% 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 (2.1x coverage).