Kai Yuan Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Kai Yuan Holdings has a total shareholder equity of HK$1.9B and total debt of HK$1.5B, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are HK$3.7B and HK$1.7B respectively. Kai Yuan Holdings's EBIT is HK$32.0M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$1.0B.
Key information
77.9%
Debt to equity ratio
HK$1.50b
Debt
| Interest coverage ratio | 0.6x |
| Cash | HK$1.00b |
| Equity | HK$1.93b |
| Total liabilities | HK$1.74b |
| Total assets | HK$3.67b |
Recent financial health updates
Is Kai Yuan Holdings (HKG:1215) Using Too Much Debt?
Dec 27
Kai Yuan Holdings (HKG:1215) Use Of Debt Could Be Considered Risky
Aug 30Is Kai Yuan Holdings (HKG:1215) A Risky Investment?
Oct 17Health Check: How Prudently Does Kai Yuan Holdings (HKG:1215) Use Debt?
Apr 02Is Kai Yuan Holdings (HKG:1215) A Risky Investment?
Sep 10Is Kai Yuan Holdings (HKG:1215) A Risky Investment?
Dec 24Recent updates
Is Kai Yuan Holdings (HKG:1215) Using Too Much Debt?
Dec 27Kai Yuan Holdings (HKG:1215) Could Be At Risk Of Shrinking As A Company
Oct 24Kai Yuan Holdings (HKG:1215) Use Of Debt Could Be Considered Risky
Aug 30Is Kai Yuan Holdings (HKG:1215) A Risky Investment?
Oct 17Health Check: How Prudently Does Kai Yuan Holdings (HKG:1215) Use Debt?
Apr 02Is Kai Yuan Holdings (HKG:1215) A Risky Investment?
Sep 10Is Kai Yuan Holdings (HKG:1215) A Risky Investment?
Dec 24A Quick Analysis On Kai Yuan Holdings' (HKG:1215) CEO Compensation
Nov 19
Financial Position Analysis
Short Term Liabilities: 1215's short term assets (HK$1.2B) do not cover its short term liabilities (HK$1.6B).
Long Term Liabilities: 1215's short term assets (HK$1.2B) exceed its long term liabilities (HK$145.3M).
Debt to Equity History and Analysis
Debt Level: 1215's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: 1215's debt to equity ratio has increased from 61.9% to 77.9% 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 1215 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1215 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.9% per year.