Fameglow Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fameglow Holdings has a total shareholder equity of HK$60.3M and total debt of HK$10.0M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are HK$194.5M and HK$134.2M respectively. Fameglow Holdings's EBIT is HK$44.4M making its interest coverage ratio 23.1. It has cash and short-term investments of HK$38.0M.
Key information
16.6%
Debt to equity ratio
HK$10.02m
Debt
| Interest coverage ratio | 23.1x |
| Cash | HK$37.98m |
| Equity | HK$60.25m |
| Total liabilities | HK$134.23m |
| Total assets | HK$194.48m |
Recent financial health updates
Here's Why Fameglow Holdings (HKG:8603) Can Manage Its Debt Responsibly
Jul 12
Is Fameglow Holdings (HKG:8603) Weighed On By Its Debt Load?
Nov 21Is Fameglow Holdings (HKG:8603) Using Too Much Debt?
Jul 10Does Fameglow Holdings (HKG:8603) Have A Healthy Balance Sheet?
Jul 02Does Fameglow Holdings (HKG:8603) Have A Healthy Balance Sheet?
Dec 16
Recent updates
Fameglow Holdings Limited's (HKG:8603) 25% Share Price Surge Not Quite Adding Up
Nov 17Impressive Earnings May Not Tell The Whole Story For Fameglow Holdings (HKG:8603)
Aug 07Fameglow Holdings Limited's (HKG:8603) 33% Dip In Price Shows Sentiment Is Matching Earnings
Jul 03We Think Fameglow Holdings Limited's (HKG:8603) CEO Compensation Looks Fair
Sep 22Here's Why Fameglow Holdings (HKG:8603) Can Manage Its Debt Responsibly
Jul 12Calculating The Intrinsic Value Of Fameglow Holdings Limited (HKG:8603)
Feb 02Is Fameglow Holdings (HKG:8603) Weighed On By Its Debt Load?
Nov 21Is Fameglow Holdings (HKG:8603) Using Too Much Debt?
Jul 10Calculating The Fair Value Of Fameglow Holdings Limited (HKG:8603)
Sep 20Does Fameglow Holdings (HKG:8603) Have A Healthy Balance Sheet?
Jul 02Does Fameglow Holdings (HKG:8603) Have A Healthy Balance Sheet?
Dec 16Financial Position Analysis
Short Term Liabilities: 8603's short term assets (HK$82.7M) do not cover its short term liabilities (HK$111.5M).
Long Term Liabilities: 8603's short term assets (HK$82.7M) exceed its long term liabilities (HK$22.7M).
Debt to Equity History and Analysis
Debt Level: 8603 has more cash than its total debt.
Reducing Debt: 8603's debt to equity ratio has reduced from 22.2% to 16.6% over the past 5 years.
Debt Coverage: 8603's debt is well covered by operating cash flow (347.3%).
Interest Coverage: 8603's interest payments on its debt are well covered by EBIT (23.1x coverage).