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Cocoon Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Cocoon Holdings has a total shareholder equity of HK$186.2M and total debt of HK$14.3M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are HK$203.0M and HK$16.8M respectively.
Key information
7.7%
Debt to equity ratio
HK$14.34m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$202.35m |
| Equity | HK$186.25m |
| Total liabilities | HK$16.78m |
| Total assets | HK$203.02m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 2962's short term assets (HK$203.0M) exceed its short term liabilities (HK$6.8M).
Long Term Liabilities: 2962's short term assets (HK$203.0M) exceed its long term liabilities (HK$10.0M).
Debt to Equity History and Analysis
Debt Level: 2962 has more cash than its total debt.
Reducing Debt: 2962's debt to equity ratio has reduced from 42.6% to 7.7% over the past 5 years.
Debt Coverage: 2962's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2962's interest payments on its debt are well covered by EBIT.