Allied Sustainability and Environmental Consultants Group Balance Sheet Health
Financial Health criteria checks 3/6
Allied Sustainability and Environmental Consultants Group has a total shareholder equity of HK$70.4M and total debt of HK$16.5M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are HK$98.1M and HK$27.7M respectively. Allied Sustainability and Environmental Consultants Group's EBIT is HK$1.1M making its interest coverage ratio 2.6. It has cash and short-term investments of HK$14.2M.
Key information
23.4%
Debt to equity ratio
HK$16.51m
Debt
| Interest coverage ratio | 2.6x |
| Cash | HK$14.23m |
| Equity | HK$70.42m |
| Total liabilities | HK$27.70m |
| Total assets | HK$98.12m |
Recent financial health updates
Would Allied Sustainability and Environmental Consultants Group (HKG:8320) Be Better Off With Less Debt?
Sep 21
Allied Sustainability and Environmental Consultants Group (HKG:8320) Has A Pretty Healthy Balance Sheet
Mar 01Is Allied Sustainability and Environmental Consultants Group (HKG:8320) A Risky Investment?
Sep 02Recent updates
Would Allied Sustainability and Environmental Consultants Group (HKG:8320) Be Better Off With Less Debt?
Sep 21Here's Why I Think Allied Sustainability and Environmental Consultants Group (HKG:8320) Might Deserve Your Attention Today
Apr 15Allied Sustainability and Environmental Consultants Group (HKG:8320) Has A Pretty Healthy Balance Sheet
Mar 01There Are Reasons To Feel Uneasy About Allied Sustainability and Environmental Consultants Group's (HKG:8320) Returns On Capital
Jan 13Is Allied Sustainability and Environmental Consultants Group (HKG:8320) A Risky Investment?
Sep 02If You Like EPS Growth Then Check Out Allied Sustainability and Environmental Consultants Group (HKG:8320) Before It's Too Late
Aug 04Allied Sustainability and Environmental Consultants Group (HKG:8320) Is Reinvesting At Lower Rates Of Return
Jun 28Allied Sustainability and Environmental Consultants Group Limited's (HKG:8320) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Dec 30
Financial Position Analysis
Short Term Liabilities: 8320's short term assets (HK$89.8M) exceed its short term liabilities (HK$26.2M).
Long Term Liabilities: 8320's short term assets (HK$89.8M) exceed its long term liabilities (HK$1.5M).
Debt to Equity History and Analysis
Debt Level: 8320's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 8320's debt to equity ratio has increased from 5.3% to 23.4% over the past 5 years.
Debt Coverage: 8320's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8320's interest payments on its debt are not well covered by EBIT (2.6x coverage).