Sino Oil and Gas Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Sino Oil and Gas Holdings has a total shareholder equity of HK$-169.4M and total debt of HK$2.2B, which brings its debt-to-equity ratio to -1276.2%. Its total assets and total liabilities are HK$3.7B and HK$3.9B respectively. Sino Oil and Gas Holdings's EBIT is HK$110.4M making its interest coverage ratio 0.4. It has cash and short-term investments of HK$81.4M.
Key information
-1,276.2%
Debt to equity ratio
HK$2.16b
Debt
| Interest coverage ratio | 0.4x |
| Cash | HK$81.44m |
| Equity | -HK$169.35m |
| Total liabilities | HK$3.90b |
| Total assets | HK$3.73b |
Recent financial health updates
Sino Oil and Gas Holdings (HKG:702) Has No Shortage Of Debt
Oct 23
Sino Oil and Gas Holdings (HKG:702) Has Debt But No Earnings; Should You Worry?
Aug 29Is Sino Oil and Gas Holdings (HKG:702) Using Debt Sensibly?
Nov 19Recent updates
What You Can Learn From Sino Oil and Gas Holdings Limited's (HKG:702) P/S
Mar 21Sino Oil and Gas Holdings (HKG:702) Might Have The Makings Of A Multi-Bagger
Nov 28Sino Oil and Gas Holdings (HKG:702) Has No Shortage Of Debt
Oct 23Sino Oil and Gas Holdings Limited (HKG:702) Stock Rockets 26% But Many Are Still Ignoring The Company
Aug 23Sino Oil and Gas Holdings (HKG:702) Has Debt But No Earnings; Should You Worry?
Aug 29Is Sino Oil and Gas Holdings (HKG:702) Using Debt Sensibly?
Nov 19Can Sino Oil and Gas Holdings (HKG:702) Continue To Grow Its Returns On Capital?
Mar 01Did Business Growth Power Sino Oil and Gas Holdings' (HKG:702) Share Price Gain of 160%?
Feb 02
Sino Oil and Gas Holdings Limited (HKG:702) Insiders Have Been Selling
Dec 18Financial Position Analysis
Short Term Liabilities: 702 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 702 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 702 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 702's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Insufficient data to determine if 702 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 702 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.