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$331.6M, which brings its debt-to-equity ratio to 25.8%. Its total assets and total liabilities are HK$1.9B and HK$583.4M respectively.
Key information
25.8%
Debt to equity ratio
HK$331.64m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$481.33m |
| Equity | HK$1.28b |
| Total liabilities | HK$583.38m |
| Total assets | HK$1.87b |
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
Strong Petrochemical Holdings Limited's (HKG:852) 28% Share Price Surge Not Quite Adding Up
May 07Investors 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$888.7M) exceed its short term liabilities (HK$302.4M).
Long Term Liabilities: 852's short term assets (HK$888.7M) exceed its long term liabilities (HK$280.9M).
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 13% to 25.8% over the past 5 years.
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: 852 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 852 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.