Evergreen Products Group Balance Sheet Health
Financial Health criteria checks 4/6
Evergreen Products Group has a total shareholder equity of HK$845.1M and total debt of HK$612.3M, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are HK$1.6B and HK$786.5M respectively. Evergreen Products Group's EBIT is HK$81.1M making its interest coverage ratio 2.4. It has cash and short-term investments of HK$90.6M.
Key information
72.4%
Debt to equity ratio
HK$612.26m
Debt
Interest coverage ratio | 2.4x |
Cash | HK$90.58m |
Equity | HK$845.10m |
Total liabilities | HK$786.47m |
Total assets | HK$1.63b |
Recent financial health updates
We Think Evergreen Products Group (HKG:1962) Can Stay On Top Of Its Debt
Sep 19Evergreen Products Group (HKG:1962) Takes On Some Risk With Its Use Of Debt
Apr 03Evergreen Products Group (HKG:1962) Has A Pretty Healthy Balance Sheet
Oct 20Does Evergreen Products Group (HKG:1962) Have A Healthy Balance Sheet?
Apr 13Here's Why Evergreen Products Group (HKG:1962) Is Weighed Down By Its Debt Load
Dec 12Recent updates
Investors Don't See Light At End Of Evergreen Products Group Limited's (HKG:1962) Tunnel
Feb 02Investors Could Be Concerned With Evergreen Products Group's (HKG:1962) Returns On Capital
Dec 05We Think Evergreen Products Group (HKG:1962) Can Stay On Top Of Its Debt
Sep 19Evergreen Products Group (HKG:1962) Will Be Hoping To Turn Its Returns On Capital Around
Jul 04Evergreen Products Group (HKG:1962) Takes On Some Risk With Its Use Of Debt
Apr 03Evergreen Products Group (HKG:1962) Has A Pretty Healthy Balance Sheet
Oct 20Evergreen Products Group (HKG:1962) Is Increasing Its Dividend To HK$0.017
Aug 28Evergreen Products Group's (HKG:1962) Returns On Capital Not Reflecting Well On The Business
Jul 29Evergreen Products Group (HKG:1962) May Have Issues Allocating Its Capital
Dec 20Evergreen Products Group (HKG:1962) Could Be Struggling To Allocate Capital
Jul 12Does Evergreen Products Group (HKG:1962) Have A Healthy Balance Sheet?
Apr 13We're Watching These Trends At Evergreen Products Group (HKG:1962)
Mar 09Did Evergreen Products Group's (HKG:1962) Share Price Deserve to Gain 25%?
Feb 11Declining Stock and Decent Financials: Is The Market Wrong About Evergreen Products Group Limited (HKG:1962)?
Jan 16Here's Why Evergreen Products Group (HKG:1962) Is Weighed Down By Its Debt Load
Dec 12How Does Evergreen Products Group Limited (HKG:1962) Fare As A Dividend Stock?
Jul 08Financial Position Analysis
Short Term Liabilities: 1962's short term assets (HK$984.6M) exceed its short term liabilities (HK$734.1M).
Long Term Liabilities: 1962's short term assets (HK$984.6M) exceed its long term liabilities (HK$52.4M).
Debt to Equity History and Analysis
Debt Level: 1962's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: 1962's debt to equity ratio has reduced from 96.5% to 72.4% over the past 5 years.
Debt Coverage: 1962's debt is well covered by operating cash flow (66.2%).
Interest Coverage: 1962's interest payments on its debt are not well covered by EBIT (2.4x coverage).