Jiu Rong Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Jiu Rong Holdings has a total shareholder equity of HK$82.9M and total debt of HK$675.3M, which brings its debt-to-equity ratio to 814.2%. Its total assets and total liabilities are HK$2.2B and HK$2.2B respectively.
Key information
814.2%
Debt to equity ratio
HK$675.27m
Debt
Interest coverage ratio | n/a |
Cash | HK$21.35m |
Equity | HK$82.94m |
Total liabilities | HK$2.15b |
Total assets | HK$2.24b |
Recent financial health updates
Is Jiu Rong Holdings (HKG:2358) Using Debt In A Risky Way?
Jun 18Is Jiu Rong Holdings (HKG:2358) Using Debt In A Risky Way?
Dec 05Is 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
Is Jiu Rong Holdings (HKG:2358) Using Debt In A Risky Way?
Jun 18Some 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 17Financial Position Analysis
Short Term Liabilities: 2358's short term assets (HK$853.9M) do not cover its short term liabilities (HK$1.7B).
Long Term Liabilities: 2358's short term assets (HK$853.9M) exceed its long term liabilities (HK$474.8M).
Debt to Equity History and Analysis
Debt Level: 2358's net debt to equity ratio (788.5%) is considered high.
Reducing Debt: 2358's debt to equity ratio has increased from 169.3% to 814.2% 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.