Speedy Global Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Speedy Global Holdings has a total shareholder equity of HK$74.6M and total debt of HK$93.7M, which brings its debt-to-equity ratio to 125.6%. Its total assets and total liabilities are HK$349.9M and HK$275.3M respectively. Speedy Global Holdings's EBIT is HK$7.8M making its interest coverage ratio 2.7. It has cash and short-term investments of HK$104.3M.
Key information
125.6%
Debt to equity ratio
HK$93.72m
Debt
| Interest coverage ratio | 2.7x |
| Cash | HK$104.30m |
| Equity | HK$74.62m |
| Total liabilities | HK$275.28m |
| Total assets | HK$349.91m |
Recent financial health updates
These 4 Measures Indicate That Speedy Global Holdings (HKG:540) Is Using Debt Reasonably Well
Oct 03
These 4 Measures Indicate That Speedy Global Holdings (HKG:540) Is Using Debt Reasonably Well
Sep 18Health Check: How Prudently Does Speedy Global Holdings (HKG:540) Use Debt?
Oct 03Speedy Global Holdings (HKG:540) Has Debt But No Earnings; Should You Worry?
Sep 08Recent updates
Why Investors Shouldn't Be Surprised By Speedy Global Holdings Limited's (HKG:540) 39% Share Price Plunge
Nov 03These 4 Measures Indicate That Speedy Global Holdings (HKG:540) Is Using Debt Reasonably Well
Oct 03Speedy Global Holdings Limited's (HKG:540) Low P/S No Reason For Excitement
Aug 21These 4 Measures Indicate That Speedy Global Holdings (HKG:540) Is Using Debt Reasonably Well
Sep 18A Look At The Fair Value Of Speedy Global Holdings Limited (HKG:540)
Jun 19Calculating The Fair Value Of Speedy Global Holdings Limited (HKG:540)
Feb 11Health Check: How Prudently Does Speedy Global Holdings (HKG:540) Use Debt?
Oct 03Speedy Global Holdings (HKG:540) Has Debt But No Earnings; Should You Worry?
Sep 08Capital Allocation Trends At Speedy Global Holdings (HKG:540) Aren't Ideal
Mar 30What Can We Conclude About Speedy Global Holdings' (HKG:540) CEO Pay?
Dec 15Financial Position Analysis
Short Term Liabilities: 540's short term assets (HK$344.6M) exceed its short term liabilities (HK$273.8M).
Long Term Liabilities: 540's short term assets (HK$344.6M) exceed its long term liabilities (HK$1.5M).
Debt to Equity History and Analysis
Debt Level: 540 has more cash than its total debt.
Reducing Debt: 540's debt to equity ratio has increased from 63% to 125.6% over the past 5 years.
Debt Coverage: 540's debt is well covered by operating cash flow (41.2%).
Interest Coverage: 540's interest payments on its debt are not well covered by EBIT (2.7x coverage).