Strong Petrochemical Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Strong Petrochemical Holdings has a total shareholder equity of HK$1.3B and total debt of HK$159.9M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are HK$1.6B and HK$290.6M respectively.
Key information
12.3%
Debt to equity ratio
HK$159.89m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$456.86m |
| Equity | HK$1.30b |
| Total liabilities | HK$290.63m |
| Total assets | HK$1.59b |
Recent financial health updates
Health Check: How Prudently Does Strong Petrochemical Holdings (HKG:852) Use Debt?
Sep 20
Is Strong Petrochemical Holdings (HKG:852) A Risky Investment?
Oct 12Health Check: How Prudently Does Strong Petrochemical Holdings (HKG:852) Use Debt?
May 03Recent updates
Investors Don't See Light At End Of Strong Petrochemical Holdings Limited's (HKG:852) Tunnel And Push Stock Down 35%
Feb 01Improved Revenues Required Before Strong Petrochemical Holdings Limited (HKG:852) Stock's 123% Jump Looks Justified
Dec 18Health Check: How Prudently Does Strong Petrochemical Holdings (HKG:852) Use Debt?
Sep 20Calculating The Fair Value Of Strong Petrochemical Holdings Limited (HKG:852)
May 19Is Strong Petrochemical Holdings (HKG:852) A Risky Investment?
Oct 12Health Check: How Prudently Does Strong Petrochemical Holdings (HKG:852) Use Debt?
May 03Strong Petrochemical Holdings (HKG:852) Share Prices Have Dropped 69% In The Last Three Years
Mar 08What Is The Ownership Structure Like For Strong Petrochemical Holdings Limited (HKG:852)?
Jan 12Financial Position Analysis
Short Term Liabilities: 852's short term assets (HK$802.8M) exceed its short term liabilities (HK$130.5M).
Long Term Liabilities: 852's short term assets (HK$802.8M) exceed its long term liabilities (HK$160.1M).
Debt to Equity History and Analysis
Debt Level: 852 has more cash than its total debt.
Reducing Debt: 852's debt to equity ratio has increased from 1.1% to 12.3% over the past 5 years.
Debt Coverage: 852's debt is well covered by operating cash flow (101.7%).
Interest Coverage: Insufficient data to determine if 852's interest payments on its debt are well covered by EBIT.