Asia Grocery Distribution Balance Sheet Health
Financial Health criteria checks 6/6
Asia Grocery Distribution has a total shareholder equity of HK$98.8M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$128.5M and HK$29.7M respectively. Asia Grocery Distribution's EBIT is HK$2.6M making its interest coverage ratio 4.3. It has cash and short-term investments of HK$55.4M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 4.3x |
| Cash | HK$55.38m |
| Equity | HK$98.77m |
| Total liabilities | HK$29.71m |
| Total assets | HK$128.48m |
Recent financial health updates
Is Asia Grocery Distribution (HKG:8413) Weighed On By Its Debt Load?
Aug 09
Is Asia Grocery Distribution (HKG:8413) A Risky Investment?
Mar 02Companies Like Asia Grocery Distribution (HKG:8413) Are In A Position To Invest In Growth
Nov 17Recent updates
Asia Grocery Distribution Limited's (HKG:8413) Share Price Could Signal Some Risk
Dec 05The Returns On Capital At Asia Grocery Distribution (HKG:8413) Don't Inspire Confidence
Sep 16Asia Grocery Distribution Limited's (HKG:8413) Share Price Not Quite Adding Up
Aug 07Asia Grocery Distribution Limited's (HKG:8413) 32% Jump Shows Its Popularity With Investors
Jan 26Is Asia Grocery Distribution (HKG:8413) Weighed On By Its Debt Load?
Aug 09Asia Grocery Distribution Limited's (HKG:8413) Business Is Yet to Catch Up With Its Share Price
Apr 17Capital Allocation Trends At Asia Grocery Distribution (HKG:8413) Aren't Ideal
Mar 02Is Asia Grocery Distribution (HKG:8413) A Risky Investment?
Mar 02Companies Like Asia Grocery Distribution (HKG:8413) Are In A Position To Invest In Growth
Nov 17Asia Grocery Distribution (HKG:8413) Share Prices Have Dropped 59% In The Last Three Years
Dec 22
Financial Position Analysis
Short Term Liabilities: 8413's short term assets (HK$113.8M) exceed its short term liabilities (HK$25.9M).
Long Term Liabilities: 8413's short term assets (HK$113.8M) exceed its long term liabilities (HK$3.8M).
Debt to Equity History and Analysis
Debt Level: 8413 is debt free.
Reducing Debt: 8413 had no debt 5 years ago.
Debt Coverage: 8413 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8413 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:29 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Asia Grocery Distribution Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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