Goldway Education Group Balance Sheet Health
Financial Health criteria checks 4/6
Goldway Education Group has a total shareholder equity of HK$45.5M and total debt of HK$2.1M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are HK$60.6M and HK$15.1M respectively.
Key information
4.6%
Debt to equity ratio
HK$2.07m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$12.40m |
| Equity | HK$45.50m |
| Total liabilities | HK$15.07m |
| Total assets | HK$60.56m |
Recent financial health updates
No updates
Recent updates
A Look At The Fair Value Of Goldway Education Group Limited (HKG:8160)
Aug 16
Calculating The Fair Value Of Goldway Education Group Limited (HKG:8160)
May 24Here's Why It's Unlikely That Goldway Education Group Limited's (HKG:8160) CEO Will See A Pay Rise This Year
Jul 30Don't Ignore The Fact That This Insider Just Sold Some Shares In Goldway Education Group Limited (HKG:8160)
Feb 23Financial Position Analysis
Short Term Liabilities: 8160's short term assets (HK$29.4M) exceed its short term liabilities (HK$7.6M).
Long Term Liabilities: 8160's short term assets (HK$29.4M) exceed its long term liabilities (HK$7.5M).
Debt to Equity History and Analysis
Debt Level: 8160 has more cash than its total debt.
Reducing Debt: 8160's debt to equity ratio has increased from 0% to 4.6% over the past 5 years.
Debt Coverage: 8160's debt is well covered by operating cash flow (498.2%).
Interest Coverage: Insufficient data to determine if 8160's interest payments on its debt are well covered by EBIT.