Hing Lee (HK) Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Hing Lee (HK) Holdings has a total shareholder equity of HK$107.2M and total debt of HK$53.8M, which brings its debt-to-equity ratio to 50.2%. Its total assets and total liabilities are HK$182.3M and HK$75.1M respectively.
Key information
50.2%
Debt to equity ratio
HK$53.83m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$33.51m |
| Equity | HK$107.17m |
| Total liabilities | HK$75.10m |
| Total assets | HK$182.27m |
Recent financial health updates
Would Hing Lee (HK) Holdings (HKG:396) Be Better Off With Less Debt?
Apr 29
These 4 Measures Indicate That Hing Lee (HK) Holdings (HKG:396) Is Using Debt Reasonably Well
Oct 02Hing Lee (HK) Holdings (HKG:396) Is Carrying A Fair Bit Of Debt
Jun 23Here's Why Hing Lee (HK) Holdings (HKG:396) Can Afford Some Debt
Dec 14Would Hing Lee (HK) Holdings (HKG:396) Be Better Off With Less Debt?
Aug 31Is Hing Lee (HK) Holdings (HKG:396) Using Too Much Debt?
May 16Recent updates
Would Hing Lee (HK) Holdings (HKG:396) Be Better Off With Less Debt?
Apr 29Hing Lee (HK) Holdings Limited's (HKG:396) 60% Price Boost Is Out Of Tune With Revenues
Mar 01Some Hing Lee (HK) Holdings Limited (HKG:396) Shareholders Look For Exit As Shares Take 27% Pounding
Jan 15Returns At Hing Lee (HK) Holdings (HKG:396) Are On The Way Up
Nov 27These 4 Measures Indicate That Hing Lee (HK) Holdings (HKG:396) Is Using Debt Reasonably Well
Oct 02Investors Will Want Hing Lee (HK) Holdings' (HKG:396) Growth In ROCE To Persist
Aug 27Hing Lee (HK) Holdings (HKG:396) Is Carrying A Fair Bit Of Debt
Jun 23Here's Why Hing Lee (HK) Holdings (HKG:396) Can Afford Some Debt
Dec 14Would Hing Lee (HK) Holdings (HKG:396) Be Better Off With Less Debt?
Aug 31Is Hing Lee (HK) Holdings (HKG:396) Using Too Much Debt?
May 16Hing Lee (HK) Holdings (HKG:396) Is Making Moderate Use Of Debt
Dec 08Is Hing Lee (HK) Holdings (HKG:396) Using Too Much Debt?
Aug 22Financial Position Analysis
Short Term Liabilities: 396's short term assets (HK$84.7M) exceed its short term liabilities (HK$72.6M).
Long Term Liabilities: 396's short term assets (HK$84.7M) exceed its long term liabilities (HK$2.5M).
Debt to Equity History and Analysis
Debt Level: 396's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: 396's debt to equity ratio has increased from 9.7% to 50.2% 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: Whilst unprofitable 396 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 396 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.5% per year.