Hingtex Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Hingtex Holdings has a total shareholder equity of HK$258.5M and total debt of HK$28.7M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are HK$341.2M and HK$82.7M respectively.
Key information
11.1%
Debt to equity ratio
HK$28.66m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$57.90m |
| Equity | HK$258.53m |
| Total liabilities | HK$82.68m |
| Total assets | HK$341.21m |
Recent financial health updates
Is Hingtex Holdings (HKG:1968) Using Too Much Debt?
Sep 05
Is Hingtex Holdings (HKG:1968) Using Too Much Debt?
Sep 12Recent updates
More Unpleasant Surprises Could Be In Store For Hingtex Holdings Limited's (HKG:1968) Shares After Tumbling 26%
Jul 17We Think Hingtex Holdings Limited's (HKG:1968) CEO Compensation Package Needs To Be Put Under A Microscope
May 21Hingtex Holdings Limited's (HKG:1968) Shares May Have Run Too Fast Too Soon
Jan 03Calculating The Intrinsic Value Of Hingtex Holdings Limited (HKG:1968)
Nov 06Is Hingtex Holdings (HKG:1968) Using Too Much Debt?
Sep 05Is Hingtex Holdings (HKG:1968) Using Too Much Debt?
Sep 12Financial Position Analysis
Short Term Liabilities: 1968's short term assets (HK$197.0M) exceed its short term liabilities (HK$74.1M).
Long Term Liabilities: 1968's short term assets (HK$197.0M) exceed its long term liabilities (HK$8.6M).
Debt to Equity History and Analysis
Debt Level: 1968 has more cash than its total debt.
Reducing Debt: 1968's debt to equity ratio has reduced from 22.7% to 11.1% over the past 5 years.
Debt Coverage: 1968's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1968's interest payments on its debt are well covered by EBIT.