Fourace Industries Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Fourace Industries Group Holdings has a total shareholder equity of HK$437.2M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$506.0M and HK$68.8M respectively. Fourace Industries Group Holdings's EBIT is HK$41.4M making its interest coverage ratio -4.2. It has cash and short-term investments of HK$269.0M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -4.2x |
| Cash | HK$268.96m |
| Equity | HK$437.24m |
| Total liabilities | HK$68.75m |
| Total assets | HK$505.99m |
Recent financial health updates
No updates
Recent updates
Be Wary Of Fourace Industries Group Holdings (HKG:1455) And Its Returns On Capital
Oct 03
Returns At Fourace Industries Group Holdings (HKG:1455) Appear To Be Weighed Down
Oct 10Fourace 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$401.3M) exceed its short term liabilities (HK$58.4M).
Long Term Liabilities: 1455's short term assets (HK$401.3M) exceed its long term liabilities (HK$10.4M).
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 0.9%.
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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 08:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Fourace Industries Group Holdings Limited is covered by 0 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 |
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