Fameglow Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fameglow Holdings has a total shareholder equity of HK$21.0M and total debt of HK$11.2M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are HK$198.2M and HK$177.2M respectively. Fameglow Holdings's EBIT is HK$19.8M making its interest coverage ratio 6.8. It has cash and short-term investments of HK$32.1M.
Key information
53.5%
Debt to equity ratio
HK$11.23m
Debt
| Interest coverage ratio | 6.8x |
| Cash | HK$32.13m |
| Equity | HK$21.00m |
| Total liabilities | HK$177.16m |
| Total assets | HK$198.16m |
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
We 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$78.1M) do not cover its short term liabilities (HK$148.5M).
Long Term Liabilities: 8603's short term assets (HK$78.1M) exceed its long term liabilities (HK$28.7M).
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 112.3% to 53.5% over the past 5 years.
Debt Coverage: 8603's debt is well covered by operating cash flow (513.8%).
Interest Coverage: 8603's interest payments on its debt are well covered by EBIT (6.8x coverage).