Neway Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Neway Group Holdings has a total shareholder equity of HK$722.8M and total debt of HK$110.0M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are HK$1.1B and HK$345.4M respectively.
Key information
15.2%
Debt to equity ratio
HK$110.05m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$135.56m |
| Equity | HK$722.80m |
| Total liabilities | HK$345.35m |
| Total assets | HK$1.07b |
Recent financial health updates
Does Neway Group Holdings (HKG:55) Have A Healthy Balance Sheet?
Nov 01
Health Check: How Prudently Does Neway Group Holdings (HKG:55) Use Debt?
Dec 21Is Neway Group Holdings (HKG:55) Using Debt In A Risky Way?
Aug 31Is Neway Group Holdings (HKG:55) Using Debt In A Risky Way?
Mar 30Health Check: How Prudently Does Neway Group Holdings (HKG:55) Use Debt?
Dec 15Recent updates
Neway Group Holdings Limited's (HKG:55) Price Is Out Of Tune With Revenues
Apr 17Does Neway Group Holdings (HKG:55) Have A Healthy Balance Sheet?
Nov 01Neway Group Holdings' (HKG:55) Profits Appear To Have Quality Issues
Oct 04Health Check: How Prudently Does Neway Group Holdings (HKG:55) Use Debt?
Dec 21Is Neway Group Holdings (HKG:55) Using Debt In A Risky Way?
Aug 31Is Neway Group Holdings (HKG:55) Using Debt In A Risky Way?
Mar 30Health Check: How Prudently Does Neway Group Holdings (HKG:55) Use Debt?
Dec 15Financial Position Analysis
Short Term Liabilities: 55's short term assets (HK$690.4M) exceed its short term liabilities (HK$266.7M).
Long Term Liabilities: 55's short term assets (HK$690.4M) exceed its long term liabilities (HK$78.7M).
Debt to Equity History and Analysis
Debt Level: 55 has more cash than its total debt.
Reducing Debt: 55's debt to equity ratio has increased from 9.4% to 15.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 55 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 55 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.