C-MER Eye Care Holdings Balance Sheet Health
Financial Health criteria checks 5/6
C-MER Eye Care Holdings has a total shareholder equity of HK$2.0B and total debt of HK$23.1M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are HK$2.7B and HK$755.3M respectively. C-MER Eye Care Holdings's EBIT is HK$124.5M making its interest coverage ratio -70.4. It has cash and short-term investments of HK$557.4M.
Key information
1.2%
Debt to equity ratio
HK$23.14m
Debt
Interest coverage ratio | -70.4x |
Cash | HK$557.42m |
Equity | HK$1.99b |
Total liabilities | HK$755.35m |
Total assets | HK$2.75b |
Recent financial health updates
Recent updates
C-MER Eye Care Holdings' (HKG:3309) Earnings May Just Be The Starting Point
Apr 29C-MER Eye Care Holdings Limited's (HKG:3309) 26% Share Price Plunge Could Signal Some Risk
Feb 02C-MER Eye Care Holdings (HKG:3309) Might Be Having Difficulty Using Its Capital Effectively
Jan 17A Look At The Intrinsic Value Of C-MER Eye Care Holdings Limited (HKG:3309)
Apr 24Capital Allocation Trends At C-MER Eye Care Holdings (HKG:3309) Aren't Ideal
Dec 04Is C-MER Eye Care Holdings (HKG:3309) A Risky Investment?
Sep 22Update: C-MER Eye Care Holdings (HKG:3309) Stock Gained 25% In The Last Year
Dec 07Financial Position Analysis
Short Term Liabilities: 3309's short term assets (HK$720.1M) exceed its short term liabilities (HK$389.3M).
Long Term Liabilities: 3309's short term assets (HK$720.1M) exceed its long term liabilities (HK$366.0M).
Debt to Equity History and Analysis
Debt Level: 3309 has more cash than its total debt.
Reducing Debt: 3309's debt to equity ratio has increased from 0% to 1.2% over the past 5 years.
Debt Coverage: 3309's debt is well covered by operating cash flow (1560.9%).
Interest Coverage: 3309 earns more interest than it pays, so coverage of interest payments is not a concern.