Central Development Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Central Development Holdings has a total shareholder equity of HK$27.8M and total debt of HK$165.7M, which brings its debt-to-equity ratio to 595.4%. Its total assets and total liabilities are HK$259.3M and HK$231.5M respectively.
Key information
595.4%
Debt to equity ratio
HK$165.69m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$16.57m |
| Equity | HK$27.83m |
| Total liabilities | HK$231.49m |
| Total assets | HK$259.32m |
Recent financial health updates
Health Check: How Prudently Does Central Development Holdings (HKG:475) Use Debt?
Sep 24
Would Central Development Holdings (HKG:475) Be Better Off With Less Debt?
Mar 07Central Development Holdings (HKG:475) Is Carrying A Fair Bit Of Debt
Nov 25Is Central Development Holdings (HKG:475) Using Too Much Debt?
Mar 15Does Central Development Holdings (HKG:475) Have A Healthy Balance Sheet?
Nov 26Is Central Development Holdings (HKG:475) A Risky Investment?
Jul 07Recent updates
It's Down 25% But Central Development Holdings Limited (HKG:475) Could Be Riskier Than It Looks
Oct 10Health Check: How Prudently Does Central Development Holdings (HKG:475) Use Debt?
Sep 24Would Central Development Holdings (HKG:475) Be Better Off With Less Debt?
Mar 07Revenues Tell The Story For Central Development Holdings Limited (HKG:475) As Its Stock Soars 27%
Dec 21Central Development Holdings (HKG:475) Is Carrying A Fair Bit Of Debt
Nov 25Is Central Development Holdings (HKG:475) Using Too Much Debt?
Mar 15Does Central Development Holdings (HKG:475) Have A Healthy Balance Sheet?
Nov 26Is Central Development Holdings (HKG:475) A Risky Investment?
Jul 07Would Central Development Holdings (HKG:475) Be Better Off With Less Debt?
Mar 16We Think Shareholders Are Less Likely To Approve A Pay Rise For Central Development Holdings Limited's (HKG:475) CEO For Now
Aug 26Here's Why Central Development Holdings (HKG:475) Can Afford Some Debt
Jan 23
Does Central Development Holdings' (HKG:475) CEO Salary Compare Well With Industry Peers?
Dec 01Financial Position Analysis
Short Term Liabilities: 475's short term assets (HK$49.3M) exceed its short term liabilities (HK$36.6M).
Long Term Liabilities: 475's short term assets (HK$49.3M) do not cover its long term liabilities (HK$194.9M).
Debt to Equity History and Analysis
Debt Level: 475's net debt to equity ratio (535.9%) is considered high.
Reducing Debt: 475's debt to equity ratio has increased from 382.8% to 595.4% 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: 475 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 475 has less than a year of cash runway if free cash flow continues to grow at historical rates of 39.7% each year.