Jiu Rong Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Jiu Rong Holdings has a total shareholder equity of HK$442.0M and total debt of HK$713.9M, which brings its debt-to-equity ratio to 161.5%. Its total assets and total liabilities are HK$2.6B and HK$2.1B respectively.
Key information
161.5%
Debt to equity ratio
HK$713.85m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$19.53m |
| Equity | HK$442.05m |
| Total liabilities | HK$2.12b |
| Total assets | HK$2.56b |
Recent financial health updates
Is Jiu Rong Holdings (HKG:2358) Using Debt In A Risky Way?
Dec 05
Is Jiu Rong Holdings (HKG:2358) Using Too Much Debt?
Sep 05Does Jiu Rong Holdings (HKG:2358) Have A Healthy Balance Sheet?
Apr 01Is Jiu Rong Holdings (HKG:2358) A Risky Investment?
Dec 06Recent updates
Some Confidence Is Lacking In Jiu Rong Holdings Limited (HKG:2358) As Shares Slide 32%
Mar 08Jiu Rong Holdings Limited's (HKG:2358) Shares Climb 37% But Its Business Is Yet to Catch Up
Dec 20Is Jiu Rong Holdings (HKG:2358) Using Debt In A Risky Way?
Dec 05Is Jiu Rong Holdings (HKG:2358) Using Too Much Debt?
Sep 05Returns Are Gaining Momentum At Jiu Rong Holdings (HKG:2358)
May 13Investors Will Want Jiu Rong Holdings' (HKG:2358) Growth In ROCE To Persist
Dec 22Jiu Rong Holdings (HKG:2358) Is Looking To Continue Growing Its Returns On Capital
Jun 08Does Jiu Rong Holdings (HKG:2358) Have A Healthy Balance Sheet?
Apr 01What Can The Trends At Jiu Rong Holdings (HKG:2358) Tell Us About Their Returns?
Feb 04Jiu Rong Holdings (HKG:2358) Share Prices Have Dropped 49% In The Last Three Years
Jan 14Should We Be Cautious About Jiu Rong Holdings Limited's (HKG:2358) ROE Of 3.6%?
Dec 24Is Jiu Rong Holdings (HKG:2358) A Risky Investment?
Dec 06Are Jiu Rong Holdings's (HKG:2358) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 17
Financial Position Analysis
Short Term Liabilities: 2358's short term assets (HK$894.0M) do not cover its short term liabilities (HK$1.4B).
Long Term Liabilities: 2358's short term assets (HK$894.0M) exceed its long term liabilities (HK$665.8M).
Debt to Equity History and Analysis
Debt Level: 2358's net debt to equity ratio (157.1%) is considered high.
Reducing Debt: 2358's debt to equity ratio has reduced from 168.6% to 161.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 2358 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2358 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.