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 ratio | n/a |
Cash | HK$21.56m |
Equity | HK$39.29m |
Total liabilities | HK$220.07m |
Total assets | HK$259.36m |
Recent financial health updates
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 07Would Central Development Holdings (HKG:475) Be Better Off With Less Debt?
Mar 16Recent updates
Would 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 23Does 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$49.7M) 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.