Gemini Investments (Holdings) Balance Sheet Health
Financial Health criteria checks 2/6
Gemini Investments (Holdings) has a total shareholder equity of HK$5.4B and total debt of HK$4.3B, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are HK$10.4B and HK$5.0B respectively. Gemini Investments (Holdings)'s EBIT is HK$430.3M making its interest coverage ratio 1.2. It has cash and short-term investments of HK$634.2M.
Key information
80.3%
Debt to equity ratio
HK$4.33b
Debt
| Interest coverage ratio | 1.2x |
| Cash | HK$634.24m |
| Equity | HK$5.40b |
| Total liabilities | HK$5.01b |
| Total assets | HK$10.41b |
Recent financial health updates
No updates
Recent updates
Gemini Investments (Holdings) Limited's (HKG:174) Price Is Right But Growth Is Lacking
Oct 04
Gemini Investments (Holdings) Limited (HKG:174) Held Back By Insufficient Growth Even After Shares Climb 31%
Jun 04Gemini Investments (Holdings) Limited's (HKG:174) Subdued P/S Might Signal An Opportunity
Dec 18How Much Are Gemini Investments (Holdings) Limited (HKG:174) Insiders Taking Off The Table?
Feb 02
This Insider Has Just Sold Shares In Gemini Investments (Holdings) Limited (HKG:174)
Feb 02Financial Position Analysis
Short Term Liabilities: 174's short term assets (HK$1.8B) do not cover its short term liabilities (HK$2.7B).
Long Term Liabilities: 174's short term assets (HK$1.8B) do not cover its long term liabilities (HK$2.3B).
Debt to Equity History and Analysis
Debt Level: 174's net debt to equity ratio (68.5%) is considered high.
Reducing Debt: 174's debt to equity ratio has increased from 17.3% to 80.3% 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 51.1% per year.