Luk Hing Entertainment Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Luk Hing Entertainment Group Holdings has a total shareholder equity of HK$-22.0M and total debt of HK$21.1M, which brings its debt-to-equity ratio to -95.8%. Its total assets and total liabilities are HK$22.9M and HK$45.0M respectively.
Key information
-95.8%
Debt to equity ratio
HK$21.11m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$5.37m |
| Equity | -HK$22.04m |
| Total liabilities | HK$44.99m |
| Total assets | HK$22.95m |
Recent financial health updates
Is Luk Hing Entertainment Group Holdings (HKG:8052) Using Debt In A Risky Way?
Oct 08
Luk Hing Entertainment Group Holdings (HKG:8052) Has Debt But No Earnings; Should You Worry?
Apr 05Recent updates
Lacklustre Performance Is Driving Luk Hing Entertainment Group Holdings Limited's (HKG:8052) 31% Price Drop
Apr 03Luk Hing Entertainment Group Holdings Limited's (HKG:8052) Business Is Trailing The Industry But Its Shares Aren't
Dec 23Luk Hing Entertainment Group Holdings Limited's (HKG:8052) Business And Shares Still Trailing The Industry
Aug 31Is Luk Hing Entertainment Group Holdings (HKG:8052) Using Debt In A Risky Way?
Oct 08Luk Hing Entertainment Group Holdings (HKG:8052) Has Debt But No Earnings; Should You Worry?
Apr 05Financial Position Analysis
Short Term Liabilities: 8052 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8052 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8052 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 8052's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 8052's debt is well covered by operating cash flow (30.7%).
Interest Coverage: Insufficient data to determine if 8052's interest payments on its debt are well covered by EBIT.