Fourace Industries Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Fourace Industries Group Holdings has a total shareholder equity of HK$391.0M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$458.1M and HK$67.1M respectively. Fourace Industries Group Holdings's EBIT is HK$41.0M making its interest coverage ratio -4.8. It has cash and short-term investments of HK$237.5M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -4.8x |
| Cash | HK$237.54m |
| Equity | HK$391.01m |
| Total liabilities | HK$67.09m |
| Total assets | HK$458.11m |
Recent financial health updates
No updates
Recent updates
Returns At Fourace Industries Group Holdings (HKG:1455) Appear To Be Weighed Down
Oct 10
Fourace Industries Group Holdings' (HKG:1455) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 10Fourace Industries Group Holdings' (HKG:1455) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 08A Look At The Fair Value Of Fourace Industries Group Holdings Limited (HKG:1455)
May 18Here's Why I Think Fourace Industries Group Holdings (HKG:1455) Is An Interesting Stock
Dec 02Returns on Capital Paint A Bright Future For Fourace Industries Group Holdings (HKG:1455)
Sep 27Robust Earnings May Not Tell The Whole Story For Fourace Industries Group Holdings (HKG:1455)
Jul 15A Look At The Fair Value Of Fourace Industries Group Holdings Limited (HKG:1455)
Jul 14Fourace Industries Group Holdings Limited (HKG:1455) Has A ROE Of 15%
Dec 15
Financial Position Analysis
Short Term Liabilities: 1455's short term assets (HK$348.3M) exceed its short term liabilities (HK$61.0M).
Long Term Liabilities: 1455's short term assets (HK$348.3M) exceed its long term liabilities (HK$6.1M).
Debt to Equity History and Analysis
Debt Level: 1455 is debt free.
Reducing Debt: 1455 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: 1455 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1455 has no debt, therefore coverage of interest payments is not a concern.