Future World Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Future World Holdings has a total shareholder equity of HK$801.1M and total debt of HK$407.1M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are HK$1.2B and HK$424.9M respectively.
Key information
50.8%
Debt to equity ratio
HK$407.10m
Debt
Interest coverage ratio | n/a |
Cash | HK$158.25m |
Equity | HK$801.07m |
Total liabilities | HK$424.86m |
Total assets | HK$1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 572's short term assets (HK$410.5M) exceed its short term liabilities (HK$382.3M).
Long Term Liabilities: 572's short term assets (HK$410.5M) exceed its long term liabilities (HK$42.5M).
Debt to Equity History and Analysis
Debt Level: 572's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: 572's debt to equity ratio has increased from 42.1% to 50.8% over the past 5 years.
Debt Coverage: 572's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 572's interest payments on its debt are well covered by EBIT.