Central Development Holdings Limited

SEHK:475 Stock Report

Market Cap: HK$251.9m

Central Development Holdings Balance Sheet Health

Financial Health criteria checks 3/6

Central Development Holdings has a total shareholder equity of HK$39.3M and total debt of HK$156.8M, which brings its debt-to-equity ratio to 399.1%. Its total assets and total liabilities are HK$259.4M and HK$220.1M respectively.

Key information

399.1%

Debt to equity ratio

HK$156.78m

Debt

Interest coverage ration/a
CashHK$21.56m
EquityHK$39.29m
Total liabilitiesHK$220.07m
Total assetsHK$259.36m

Recent financial health updates

Recent updates

Would Central Development Holdings (HKG:475) Be Better Off With Less Debt?

Mar 07
Would Central Development Holdings (HKG:475) Be Better Off With Less Debt?

Revenues Tell The Story For Central Development Holdings Limited (HKG:475) As Its Stock Soars 27%

Dec 21
Revenues Tell The Story For Central Development Holdings Limited (HKG:475) As Its Stock Soars 27%

Central Development Holdings (HKG:475) Is Carrying A Fair Bit Of Debt

Nov 25
Central Development Holdings (HKG:475) Is Carrying A Fair Bit Of Debt

Is Central Development Holdings (HKG:475) Using Too Much Debt?

Mar 15
Is Central Development Holdings (HKG:475) Using Too Much Debt?

Does Central Development Holdings (HKG:475) Have A Healthy Balance Sheet?

Nov 26
Does Central Development Holdings (HKG:475) Have A Healthy Balance Sheet?

Is Central Development Holdings (HKG:475) A Risky Investment?

Jul 07
Is Central Development Holdings (HKG:475) A Risky Investment?

Would Central Development Holdings (HKG:475) Be Better Off With Less Debt?

Mar 16
Would Central Development Holdings (HKG:475) Be Better Off With Less Debt?

We Think Shareholders Are Less Likely To Approve A Pay Rise For Central Development Holdings Limited's (HKG:475) CEO For Now

Aug 26
We Think Shareholders Are Less Likely To Approve A Pay Rise For Central Development Holdings Limited's (HKG:475) CEO For Now

Here's Why Central Development Holdings (HKG:475) Can Afford Some Debt

Jan 23
Here's Why Central Development Holdings (HKG:475) Can Afford Some Debt

Does Central Development Holdings' (HKG:475) CEO Salary Compare Well With Industry Peers?

Dec 01
Does Central Development Holdings' (HKG:475) CEO Salary Compare Well With Industry Peers?

Financial Position Analysis

Short Term Liabilities: 475's short term assets (HK$49.7M) exceed its short term liabilities (HK$39.4M).

Long Term Liabilities: 475's short term assets (HK$49.7M) do not cover its long term liabilities (HK$180.6M).


Debt to Equity History and Analysis

Debt Level: 475's net debt to equity ratio (344.2%) is considered high.

Reducing Debt: 475's debt to equity ratio has increased from 395% to 399.1% 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 475 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 475 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.4% per year.


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