New Universe Environmental Group Balance Sheet Health
Financial Health criteria checks 6/6
New Universe Environmental Group has a total shareholder equity of HK$987.8M and total debt of HK$53.7M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are HK$1.3B and HK$291.4M respectively. New Universe Environmental Group's EBIT is HK$9.2M making its interest coverage ratio -1.7. It has cash and short-term investments of HK$212.3M.
Key information
5.4%
Debt to equity ratio
HK$53.70m
Debt
| Interest coverage ratio | -1.7x |
| Cash | HK$212.30m |
| Equity | HK$987.81m |
| Total liabilities | HK$291.38m |
| Total assets | HK$1.28b |
Recent financial health updates
New Universe Environmental Group (HKG:436) Seems To Use Debt Rather Sparingly
Nov 27
Is New Universe Environmental Group (HKG:436) Using Too Much Debt?
Jun 03Here's Why New Universe Environmental Group (HKG:436) Can Manage Its Debt Responsibly
Nov 02These 4 Measures Indicate That New Universe Environmental Group (HKG:436) Is Using Debt Reasonably Well
Apr 14Recent updates
New Universe Environmental Group (HKG:436) Seems To Use Debt Rather Sparingly
Nov 27What New Universe Environmental Group Limited's (HKG:436) 53% Share Price Gain Is Not Telling You
Oct 04Revenues Not Telling The Story For New Universe Environmental Group Limited (HKG:436) After Shares Rise 53%
Oct 04New Universe Environmental Group (HKG:436) Could Be At Risk Of Shrinking As A Company
Aug 09Is New Universe Environmental Group (HKG:436) Using Too Much Debt?
Jun 03New Universe Environmental Group (HKG:436) Has Some Difficulty Using Its Capital Effectively
Apr 08Subdued Growth No Barrier To New Universe Environmental Group Limited's (HKG:436) Price
Feb 26Returns On Capital At New Universe Environmental Group (HKG:436) Paint A Concerning Picture
Aug 18Capital Allocation Trends At New Universe Environmental Group (HKG:436) Aren't Ideal
May 18The Returns On Capital At New Universe Environmental Group (HKG:436) Don't Inspire Confidence
Nov 29Here's Why New Universe Environmental Group (HKG:436) Can Manage Its Debt Responsibly
Nov 02Shareholders Will Probably Hold Off On Increasing New Universe Environmental Group Limited's (HKG:436) CEO Compensation For The Time Being
Jun 11Estimating The Fair Value Of New Universe Environmental Group Limited (HKG:436)
May 03These 4 Measures Indicate That New Universe Environmental Group (HKG:436) Is Using Debt Reasonably Well
Apr 14New Universe Environmental Group's (HKG:436) Shareholders Are Down 58% On Their Shares
Feb 16Do Insiders Own Lots Of Shares In New Universe Environmental Group Limited (HKG:436)?
Dec 25
Do Its Financials Have Any Role To Play In Driving New Universe Environmental Group Limited's (HKG:436) Stock Up Recently?
Dec 04Financial Position Analysis
Short Term Liabilities: 436's short term assets (HK$339.5M) exceed its short term liabilities (HK$252.8M).
Long Term Liabilities: 436's short term assets (HK$339.5M) exceed its long term liabilities (HK$38.6M).
Debt to Equity History and Analysis
Debt Level: 436 has more cash than its total debt.
Reducing Debt: 436's debt to equity ratio has reduced from 28.1% to 5.4% over the past 5 years.
Debt Coverage: 436's debt is well covered by operating cash flow (105.1%).
Interest Coverage: 436 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 08:35 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
New Universe Environmental Group Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kin Fung Chow | China Everbright Research Limited |