Chong Fai Jewellery Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Chong Fai Jewellery Group Holdings has a total shareholder equity of HK$96.5M and total debt of HK$19.7M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are HK$136.7M and HK$40.2M respectively. Chong Fai Jewellery Group Holdings's EBIT is HK$1.1M making its interest coverage ratio 1.1. It has cash and short-term investments of HK$35.5M.
Key information
20.4%
Debt to equity ratio
HK$19.69m
Debt
| Interest coverage ratio | 1.1x |
| Cash | HK$35.54m |
| Equity | HK$96.50m |
| Total liabilities | HK$40.25m |
| Total assets | HK$136.74m |
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) Stocks Shoot Up 32% But Its P/S Still Looks Reasonable
Oct 25Chong Fai Jewellery Group Holdings Company Limited's (HKG:8537) P/S Is Still On The Mark Following 154% Share Price Bounce
Aug 21Chong 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$104.4M) exceed its short term liabilities (HK$38.0M).
Long Term Liabilities: 8537's short term assets (HK$104.4M) exceed its long term liabilities (HK$2.2M).
Debt to Equity History and Analysis
Debt Level: 8537 has more cash than its total debt.
Reducing Debt: 8537's debt to equity ratio has reduced from 31.5% to 20.4% over the past 5 years.
Debt Coverage: 8537's debt is well covered by operating cash flow (37.2%).
Interest Coverage: 8537's interest payments on its debt are not well covered by EBIT (1.1x coverage).