Sterling Group Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Sterling Group Holdings has a total shareholder equity of HK$40.3M and total debt of HK$127.1M, which brings its debt-to-equity ratio to 315.2%. Its total assets and total liabilities are HK$287.7M and HK$247.3M respectively. Sterling Group Holdings's EBIT is HK$17.2M making its interest coverage ratio 2.8. It has cash and short-term investments of HK$15.1M.

Key information

315.2%

Debt to equity ratio

HK$127.08m

Debt

Interest coverage ratio	2.8x
Cash	HK$15.14m
Equity	HK$40.32m
Total liabilities	HK$247.35m
Total assets	HK$287.67m

Recent financial health updates

Recent updates

It's Unlikely That Sterling Group Holdings Limited's (HKG:1825) CEO Will See A Huge Pay Rise This Year

Sep 06

Does Sterling Group Holdings (HKG:1825) Have A Healthy Balance Sheet?

Jul 14

Is Sterling Group Holdings (HKG:1825) Using Too Much Debt?

Aug 25

Is Sterling Group Holdings (HKG:1825) Using Debt In A Risky Way?

Mar 16

Sterling Group Holdings (HKG:1825) Has Debt But No Earnings; Should You Worry?

Nov 30

We Think Sterling Group Holdings (HKG:1825) Is Taking Some Risk With Its Debt

Dec 25

Financial Position Analysis

Short Term Liabilities: 1825's short term assets (HK$182.3M) do not cover its short term liabilities (HK$235.8M).

Long Term Liabilities: 1825's short term assets (HK$182.3M) exceed its long term liabilities (HK$11.6M).

Debt to Equity History and Analysis

Debt Level: 1825's net debt to equity ratio (277.6%) is considered high.

Reducing Debt: 1825's debt to equity ratio has reduced from 356.2% to 315.2% over the past 5 years.

Debt Coverage: 1825's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1825's interest payments on its debt are not well covered by EBIT (2.8x coverage).

Sterling Group Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Does Sterling Group Holdings (HKG:1825) Have A Healthy Balance Sheet?

Is Sterling Group Holdings (HKG:1825) Using Too Much Debt?

Is Sterling Group Holdings (HKG:1825) Using Debt In A Risky Way?

Sterling Group Holdings (HKG:1825) Has Debt But No Earnings; Should You Worry?

We Think Sterling Group Holdings (HKG:1825) Is Taking Some Risk With Its Debt

Recent updates

Sterling Group Holdings Limited Appoints Ma Jian as Executive Director

Less than half of directors are independent

Sterling Group Holdings Limited Announces Board Changes

Sterling Group Holdings Limited Announces Management Changes

Executive Chairman & CEO recently sold HK$9.0m worth of stock

New major risk - Share price stability

First half 2024 earnings released: HK$0.033 loss per share (vs HK$0.057 profit in 1H 2023)

Sterling Group Holdings Limited Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended 30 September 2023

Sterling Group Holdings Limited to Report First Half, 2024 Results on Nov 29, 2023

It's Unlikely That Sterling Group Holdings Limited's (HKG:1825) CEO Will See A Huge Pay Rise This Year

Full year 2023 earnings released: EPS: HK$0.093 (vs HK$0.19 loss in FY 2022)

Sterling Group Holdings Limited, Annual General Meeting, Sep 01, 2023

Does Sterling Group Holdings (HKG:1825) Have A Healthy Balance Sheet?

New minor risk - Financial position

Full year 2023 earnings released: EPS: HK$0.093 (vs HK$0.19 loss in FY 2022)

Sterling Group Holdings Limited to Report Fiscal Year 2023 Results on Jun 28, 2023

Sterling Group Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 4.8 million.

First half 2023 earnings released: EPS: HK$0.057 (vs HK$0.002 in 1H 2022)

Sterling Group Holdings Limited to Report First Half, 2023 Results on Nov 29, 2022

Sterling Group Holdings Limited Announces Executive Changes

Is Sterling Group Holdings (HKG:1825) Using Too Much Debt?

Sterling Group Holdings Limited, Annual General Meeting, Aug 31, 2022

Sterling Group Holdings Limited Appoints Choi Wai Hin as Independent Non-Executive Director and a Member of Each of the Audit Committee, Remuneration Committee and Nomination Committee of the Board

Full year 2022 earnings released: HK$0.19 loss per share (vs HK$0.17 loss in FY 2021)

Sterling Group Holdings Limited to Report Fiscal Year 2022 Results on Jun 30, 2022

Is Sterling Group Holdings (HKG:1825) Using Debt In A Risky Way?

Sterling Group Holdings Limited Announces Appointment of Joint Company Secretaries

Independent Non-Executive Director Ming Tung Ko has left the company

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Sterling Group Holdings (HKG:1825) Has Debt But No Earnings; Should You Worry?

Independent Non-Executive Director King Hoi Cheng has left the company

Non-Executive Chairman recently sold HK$2.7m worth of stock

Non-Executive Chairman recently sold HK$112k worth of stock

Non-Executive Chairman recently sold HK$112k worth of stock

Full year 2021 earnings released: HK$0.042 loss per share (vs HK$0.073 loss in FY 2020)

We Think Sterling Group Holdings (HKG:1825) Is Taking Some Risk With Its Debt

First half 2021 earnings released: EPS HK$0.001

First half 2021 earnings released: EPS HK$0.001

Sterling Group Holdings Limited to Report First Half, 2021 Results on Nov 30, 2020

Full year earnings released - HK$0.073 loss per share

Sterling Group Holdings Limited to Report Fiscal Year 2020 Final Results on Jul 21, 2020

Sterling Group Holdings Limited to Report Fiscal Year 2020 Results on Jun 29, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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