GC Construction Holdings Balance Sheet Health
Financial Health criteria checks 6/6
GC Construction Holdings has a total shareholder equity of HK$325.8M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$384.6M and HK$58.8M respectively. GC Construction Holdings's EBIT is HK$20.6M making its interest coverage ratio -9.5. It has cash and short-term investments of HK$83.3M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -9.5x |
| Cash | HK$83.28m |
| Equity | HK$325.82m |
| Total liabilities | HK$58.77m |
| Total assets | HK$384.59m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1489's short term assets (HK$379.8M) exceed its short term liabilities (HK$58.1M).
Long Term Liabilities: 1489's short term assets (HK$379.8M) exceed its long term liabilities (HK$686.0K).
Debt to Equity History and Analysis
Debt Level: 1489 is debt free.
Reducing Debt: 1489 has no debt compared to 5 years ago when its debt to equity ratio was 144.6%.
Debt Coverage: 1489 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1489 has no debt, therefore coverage of interest payments is not a concern.