Sino Oil and Gas Holdings Limited

SEHK:702 Stock Report

Market Cap: HK$220.8m

Sino Oil and Gas Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Sino Oil and Gas Holdings has a total shareholder equity of HK$-308.9M and total debt of HK$2.1B, which brings its debt-to-equity ratio to -676.5%. Its total assets and total liabilities are HK$3.6B and HK$3.9B respectively. Sino Oil and Gas Holdings's EBIT is HK$144.6M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$58.4M.

Key information

-676.5%

Debt to equity ratio

HK$2.09b

Debt

Interest coverage ratio0.6x
CashHK$58.39m
Equity-HK$308.89m
Total liabilitiesHK$3.89b
Total assetsHK$3.58b

Recent financial health updates

Recent updates

Investors Aren't Entirely Convinced By Sino Oil and Gas Holdings Limited's (HKG:702) Revenues

Sep 11
Investors Aren't Entirely Convinced By Sino Oil and Gas Holdings Limited's (HKG:702) Revenues

Here's Why It's Unlikely That Sino Oil and Gas Holdings Limited's (HKG:702) CEO Will See A Pay Rise This Year

May 24
Here's Why It's Unlikely That Sino Oil and Gas Holdings Limited's (HKG:702) CEO Will See A Pay Rise This Year

What You Can Learn From Sino Oil and Gas Holdings Limited's (HKG:702) P/S

Mar 21
What You Can Learn From Sino Oil and Gas Holdings Limited's (HKG:702) P/S

Sino Oil and Gas Holdings (HKG:702) Might Have The Makings Of A Multi-Bagger

Nov 28
Sino Oil and Gas Holdings (HKG:702) Might Have The Makings Of A Multi-Bagger

Sino Oil and Gas Holdings (HKG:702) Has No Shortage Of Debt

Oct 23
Sino Oil and Gas Holdings (HKG:702) Has No Shortage Of Debt

Sino Oil and Gas Holdings Limited (HKG:702) Stock Rockets 26% But Many Are Still Ignoring The Company

Aug 23
Sino Oil and Gas Holdings Limited (HKG:702) Stock Rockets 26% But Many Are Still Ignoring The Company

Sino Oil and Gas Holdings (HKG:702) Has Debt But No Earnings; Should You Worry?

Aug 29
Sino Oil and Gas Holdings (HKG:702) Has Debt But No Earnings; Should You Worry?

Is Sino Oil and Gas Holdings (HKG:702) Using Debt Sensibly?

Nov 19
Is Sino Oil and Gas Holdings (HKG:702) Using Debt Sensibly?

Can Sino Oil and Gas Holdings (HKG:702) Continue To Grow Its Returns On Capital?

Mar 01
Can Sino Oil and Gas Holdings (HKG:702) Continue To Grow Its Returns On Capital?

Did Business Growth Power Sino Oil and Gas Holdings' (HKG:702) Share Price Gain of 160%?

Feb 02
Did Business Growth Power Sino Oil and Gas Holdings' (HKG:702) Share Price Gain of 160%?

Sino Oil and Gas Holdings Limited (HKG:702) Insiders Have Been Selling

Dec 18
Sino Oil and Gas Holdings Limited (HKG:702) Insiders Have Been Selling

Financial 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: Whilst unprofitable 702 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 702 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.9% per year.


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