ETS Group Balance Sheet Health
Financial Health criteria checks 6/6
ETS Group has a total shareholder equity of HK$42.9M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$55.5M and HK$12.6M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$26.59m |
| Equity | HK$42.89m |
| Total liabilities | HK$12.63m |
| Total assets | HK$55.52m |
Financial Position Analysis
Short Term Liabilities: 8031's short term assets (HK$49.7M) exceed its short term liabilities (HK$12.4M).
Long Term Liabilities: 8031's short term assets (HK$49.7M) exceed its long term liabilities (HK$270.0K).
Debt to Equity History and Analysis
Debt Level: 8031 is debt free.
Reducing Debt: 8031 has no debt compared to 5 years ago when its debt to equity ratio was 10.1%.
Debt Coverage: 8031 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8031 has no debt, therefore coverage of interest payments is not a concern.