Future World Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Future World Holdings has a total shareholder equity of HK$813.1M and total debt of HK$424.1M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are HK$1.4B and HK$573.8M respectively. Future World Holdings's EBIT is HK$15.1M making its interest coverage ratio 0.9. It has cash and short-term investments of HK$234.3M.
Key information
52.2%
Debt to equity ratio
HK$424.09m
Debt
| Interest coverage ratio | 0.9x |
| Cash | HK$234.28m |
| Equity | HK$813.12m |
| Total liabilities | HK$573.76m |
| Total assets | HK$1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 572's short term assets (HK$528.8M) do not cover its short term liabilities (HK$573.6M).
Long Term Liabilities: 572's short term assets (HK$528.8M) exceed its long term liabilities (HK$176.0K).
Debt to Equity History and Analysis
Debt Level: 572's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: 572's debt to equity ratio has increased from 47.5% to 52.2% over the past 5 years.
Debt Coverage: 572's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 572's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 07:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Future World Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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