Future World Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Future World Holdings has a total shareholder equity of HK$841.0M and total debt of HK$412.3M, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are HK$1.3B and HK$446.1M respectively.
Debt to equity ratio
|Interest coverage ratio||n/a|
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 572's short term assets (HK$401.2M) do not cover its short term liabilities (HK$403.9M).
Long Term Liabilities: 572's short term assets (HK$401.2M) exceed its long term liabilities (HK$42.2M).
Debt to Equity History and Analysis
Debt Level: 572's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: 572's debt to equity ratio has increased from 34.9% to 49% 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.