Chong Fai Jewellery Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Chong Fai Jewellery Group Holdings has a total shareholder equity of HK$71.4M and total debt of HK$25.9M, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are HK$118.6M and HK$47.3M respectively.
Key information
36.2%
Debt to equity ratio
HK$25.85m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$15.62m |
| Equity | HK$71.36m |
| Total liabilities | HK$47.26m |
| Total assets | HK$118.61m |
Recent financial health updates
Is Chong Fai Jewellery Group Holdings (HKG:8537) Weighed On By Its Debt Load?
Nov 15
Chong Fai Jewellery Group Holdings (HKG:8537) Has Debt But No Earnings; Should You Worry?
Jul 05Is Chong Fai Jewellery Group Holdings (HKG:8537) A Risky Investment?
Feb 20Is Chong Fai Jewellery Group Holdings (HKG:8537) Using Debt In A Risky Way?
Aug 09Is Chong Fai Jewellery Group Holdings (HKG:8537) Using Too Much Debt?
Feb 07Here's Why Chong Fai Jewellery Group Holdings (HKG:8537) Can Afford Some Debt
Sep 10Recent updates
Chong Fai Jewellery Group Holdings Company Limited (HKG:8537) Soars 56% But It's A Story Of Risk Vs Reward
Feb 27Chong Fai Jewellery Group Holdings Company Limited (HKG:8537) Screens Well But There Might Be A Catch
Jan 04Is Chong Fai Jewellery Group Holdings (HKG:8537) Weighed On By Its Debt Load?
Nov 15Chong Fai Jewellery Group Holdings Company Limited (HKG:8537) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Aug 10Chong Fai Jewellery Group Holdings (HKG:8537) Has Debt But No Earnings; Should You Worry?
Jul 05Is Chong Fai Jewellery Group Holdings (HKG:8537) A Risky Investment?
Feb 20Is Chong Fai Jewellery Group Holdings (HKG:8537) Using Debt In A Risky Way?
Aug 09Is Chong Fai Jewellery Group Holdings (HKG:8537) Using Too Much Debt?
Feb 07Here's Why Chong Fai Jewellery Group Holdings (HKG:8537) Can Afford Some Debt
Sep 10Is Chong Fai Jewellery Group Holdings (HKG:8537) Using Debt Sensibly?
Jan 13Financial Position Analysis
Short Term Liabilities: 8537's short term assets (HK$82.7M) exceed its short term liabilities (HK$45.3M).
Long Term Liabilities: 8537's short term assets (HK$82.7M) exceed its long term liabilities (HK$2.0M).
Debt to Equity History and Analysis
Debt Level: 8537's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: 8537's debt to equity ratio has reduced from 72.2% to 36.2% 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 8537 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8537 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.3% per year.