Success Universe Group Balance Sheet Health
Financial Health criteria checks 3/6
Success Universe Group has a total shareholder equity of HK$887.4M and total debt of HK$479.5M, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are HK$1.4B and HK$501.2M respectively.
Key information
54.0%
Debt to equity ratio
HK$479.50m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$245.84m |
| Equity | HK$887.36m |
| Total liabilities | HK$501.19m |
| Total assets | HK$1.39b |
Recent financial health updates
Success Universe Group (HKG:487) Is Making Moderate Use Of Debt
Oct 24
Would Success Universe Group (HKG:487) Be Better Off With Less Debt?
May 31Would Success Universe Group (HKG:487) Be Better Off With Less Debt?
Nov 18Success Universe Group (HKG:487) Is Making Moderate Use Of Debt
Jun 27Is Success Universe Group (HKG:487) A Risky Investment?
Apr 04Recent updates
What Success Universe Group Limited's (HKG:487) 28% Share Price Gain Is Not Telling You
Feb 15Success Universe Group Limited's (HKG:487) Popularity With Investors Is Under Threat From Overpricing
Dec 28Success Universe Group (HKG:487) Is Making Moderate Use Of Debt
Oct 24Would Success Universe Group (HKG:487) Be Better Off With Less Debt?
May 31Would Success Universe Group (HKG:487) Be Better Off With Less Debt?
Nov 18Success Universe Group (HKG:487) Is Making Moderate Use Of Debt
Jun 27Is Success Universe Group (HKG:487) A Risky Investment?
Apr 04Reflecting on Success Universe Group's (HKG:487) Share Price Returns Over The Last Three Years
Dec 21Financial Position Analysis
Short Term Liabilities: 487's short term assets (HK$351.0M) exceed its short term liabilities (HK$327.9M).
Long Term Liabilities: 487's short term assets (HK$351.0M) exceed its long term liabilities (HK$173.3M).
Debt to Equity History and Analysis
Debt Level: 487's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: 487's debt to equity ratio has increased from 24.5% to 54% over the past 5 years.
Debt Coverage: 487's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 487's interest payments on its debt are well covered by EBIT.