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
Health Check: How Prudently Does Hingtex Holdings (HKG:1968) Use Debt?
Nov 24
Is Hingtex Holdings (HKG:1968) Using Too Much Debt?
Sep 05Is Hingtex Holdings (HKG:1968) Using Too Much Debt?
Sep 12Recent updates
Health Check: How Prudently Does Hingtex Holdings (HKG:1968) Use Debt?
Nov 24More 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 13:32 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Hingtex Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.