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
Does Sterling Group Holdings (HKG:1825) Have A Healthy Balance Sheet?
Jul 14Is Sterling Group Holdings (HKG:1825) Using Too Much Debt?
Aug 25Is Sterling Group Holdings (HKG:1825) Using Debt In A Risky Way?
Mar 16Sterling Group Holdings (HKG:1825) Has Debt But No Earnings; Should You Worry?
Nov 30We Think Sterling Group Holdings (HKG:1825) Is Taking Some Risk With Its Debt
Dec 25Recent updates
It's Unlikely That Sterling Group Holdings Limited's (HKG:1825) CEO Will See A Huge Pay Rise This Year
Sep 06Does Sterling Group Holdings (HKG:1825) Have A Healthy Balance Sheet?
Jul 14Is Sterling Group Holdings (HKG:1825) Using Too Much Debt?
Aug 25Is Sterling Group Holdings (HKG:1825) Using Debt In A Risky Way?
Mar 16Sterling Group Holdings (HKG:1825) Has Debt But No Earnings; Should You Worry?
Nov 30We Think Sterling Group Holdings (HKG:1825) Is Taking Some Risk With Its Debt
Dec 25Financial 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).