Gemini Investments (Holdings) Balance Sheet Health
Financial Health criteria checks 3/6
Gemini Investments (Holdings) has a total shareholder equity of HK$5.5B and total debt of HK$4.4B, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are HK$10.5B and HK$5.1B respectively. Gemini Investments (Holdings)'s EBIT is HK$254.5M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$583.2M.
Key information
80.7%
Debt to equity ratio
HK$4.41b
Debt
| Interest coverage ratio | 0.6x |
| Cash | HK$583.23m |
| Equity | HK$5.46b |
| Total liabilities | HK$5.07b |
| Total assets | HK$10.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 174's short term assets (HK$2.1B) exceed its short term liabilities (HK$837.7M).
Long Term Liabilities: 174's short term assets (HK$2.1B) do not cover its long term liabilities (HK$4.2B).
Debt to Equity History and Analysis
Debt Level: 174's net debt to equity ratio (70%) is considered high.
Reducing Debt: 174's debt to equity ratio has increased from 11.2% to 80.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 174 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 174 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 56.2% per year.