Central Development Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Central Development Holdings has a total shareholder equity of HK$35.6M and total debt of HK$185.2M, which brings its debt-to-equity ratio to 519.9%. Its total assets and total liabilities are HK$282.0M and HK$246.4M respectively.
Key information
519.9%
Debt to equity ratio
HK$185.23m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$20.13m |
| Equity | HK$35.63m |
| Total liabilities | HK$246.41m |
| Total assets | HK$282.03m |
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$81.4M) exceed its short term liabilities (HK$64.8M).
Long Term Liabilities: 475's short term assets (HK$81.4M) do not cover its long term liabilities (HK$181.6M).
Debt to Equity History and Analysis
Debt Level: 475's net debt to equity ratio (463.4%) is considered high.
Reducing Debt: 475's debt to equity ratio has reduced from 911.8% to 519.9% 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 sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 47% each year.