CMON Balance Sheet Health
Financial Health criteria checks 5/6
CMON has a total shareholder equity of $20.9M and total debt of $4.5M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are $39.7M and $18.8M respectively. CMON's EBIT is $1.6M making its interest coverage ratio 4.4. It has cash and short-term investments of $1.9M.
Key information
21.5%
Debt to equity ratio
US$4.49m
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$1.93m |
| Equity | US$20.94m |
| Total liabilities | US$18.78m |
| Total assets | US$39.72m |
Recent financial health updates
Recent updates
Is CMON (HKG:1792) Using Too Much Debt?
Nov 13
CMON Limited (HKG:1792) Shares May Have Slumped 36% But Getting In Cheap Is Still Unlikely
Aug 16CMON Limited (HKG:1792) Stock Rockets 84% As Investors Are Less Pessimistic Than Expected
Jul 02It's Unlikely That The CEO Of CMON Limited (HKG:1792) Will See A Huge Pay Rise This Year
May 21CMON Limited's (HKG:1792) Shares Climb 39% But Its Business Is Yet to Catch Up
Apr 15What CMON Limited's (HKG:1792) 40% Share Price Gain Is Not Telling You
Feb 02A Look At The Fair Value Of CMON Limited (HKG:1792)
Jan 06CMON's (HKG:1792) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Nov 24CMON's (HKG:1792) Returns On Capital Not Reflecting Well On The Business
Aug 25Estimating The Intrinsic Value Of CMON Limited (HKG:1792)
Jul 17CMON Limited's (HKG:1792) Shares May Have Run Too Fast Too Soon
Jun 12CMON's (HKG:1792) Returns On Capital Not Reflecting Well On The Business
Oct 24Be Wary Of CMON (HKG:1792) And Its Returns On Capital
May 24Financial Position Analysis
Short Term Liabilities: 1792's short term assets ($11.2M) do not cover its short term liabilities ($12.6M).
Long Term Liabilities: 1792's short term assets ($11.2M) exceed its long term liabilities ($6.1M).
Debt to Equity History and Analysis
Debt Level: 1792's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: 1792's debt to equity ratio has reduced from 45.2% to 21.5% over the past 5 years.
Debt Coverage: 1792's debt is well covered by operating cash flow (58.3%).
Interest Coverage: 1792's interest payments on its debt are well covered by EBIT (4.4x coverage).