Arts Optical International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Arts Optical International Holdings has a total shareholder equity of HK$609.1M and total debt of HK$52.3M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are HK$1.2B and HK$635.5M respectively. Arts Optical International Holdings's EBIT is HK$33.3M making its interest coverage ratio 67.3. It has cash and short-term investments of HK$124.7M.
Key information
8.6%
Debt to equity ratio
HK$52.26m
Debt
| Interest coverage ratio | 67.3x |
| Cash | HK$124.65m |
| Equity | HK$609.10m |
| Total liabilities | HK$635.54m |
| Total assets | HK$1.24b |
Recent financial health updates
Does Arts Optical International Holdings (HKG:1120) Have A Healthy Balance Sheet?
Dec 11
Does Arts Optical International Holdings (HKG:1120) Have A Healthy Balance Sheet?
Dec 16Health Check: How Prudently Does Arts Optical International Holdings (HKG:1120) Use Debt?
Mar 30Recent updates
Does Arts Optical International Holdings (HKG:1120) Have A Healthy Balance Sheet?
Dec 11Does Arts Optical International Holdings (HKG:1120) Have A Healthy Balance Sheet?
Dec 16Investors Shouldn't Be Too Comfortable With Arts Optical International Holdings' (HKG:1120) Robust Earnings
Sep 22There's Been No Shortage Of Growth Recently For Arts Optical International Holdings' (HKG:1120) Returns On Capital
Aug 06Health Check: How Prudently Does Arts Optical International Holdings (HKG:1120) Use Debt?
Mar 30How Much Are Arts Optical International Holdings Limited (HKG:1120) Insiders Spending On Buying Shares?
Dec 14Financial Position Analysis
Short Term Liabilities: 1120's short term assets (HK$688.4M) exceed its short term liabilities (HK$605.1M).
Long Term Liabilities: 1120's short term assets (HK$688.4M) exceed its long term liabilities (HK$30.4M).
Debt to Equity History and Analysis
Debt Level: 1120 has more cash than its total debt.
Reducing Debt: 1120's debt to equity ratio has increased from 2.7% to 8.6% over the past 5 years.
Debt Coverage: 1120's debt is well covered by operating cash flow (71.2%).
Interest Coverage: 1120's interest payments on its debt are well covered by EBIT (67.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Arts Optical International Holdings Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hoi Yin Yip | Everbright Securities International (HK) Limited (“EBSIHK”) |