Evergreen Products Group Balance Sheet Health
Financial Health criteria checks 4/6
Evergreen Products Group has a total shareholder equity of HK$825.9M and total debt of HK$609.1M, which brings its debt-to-equity ratio to 73.7%. Its total assets and total liabilities are HK$1.6B and HK$768.8M respectively. Evergreen Products Group's EBIT is HK$86.3M making its interest coverage ratio 2.3. It has cash and short-term investments of HK$104.0M.
Key information
73.7%
Debt to equity ratio
HK$609.08m
Debt
| Interest coverage ratio | 2.3x |
| Cash | HK$103.97m |
| Equity | HK$825.89m |
| Total liabilities | HK$768.85m |
| Total assets | HK$1.59b |
Recent financial health updates
We Think Evergreen Products Group (HKG:1962) Can Stay On Top Of Its Debt
Sep 19
Evergreen 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
Evergreen Products Group's (HKG:1962) Soft Earnings Don't Show The Whole Picture
Sep 17Evergreen Products Group (HKG:1962) Will Pay A Dividend Of HK$0.03
Sep 03Subdued Growth No Barrier To Evergreen Products Group Limited (HKG:1962) With Shares Advancing 32%
Jul 29Returns On Capital Signal Tricky Times Ahead For Evergreen Products Group (HKG:1962)
Jul 24Investors 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 11
Declining 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$971.9M) exceed its short term liabilities (HK$719.1M).
Long Term Liabilities: 1962's short term assets (HK$971.9M) exceed its long term liabilities (HK$49.7M).
Debt to Equity History and Analysis
Debt Level: 1962's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: 1962's debt to equity ratio has reduced from 106.2% to 73.7% over the past 5 years.
Debt Coverage: 1962's debt is well covered by operating cash flow (68.9%).
Interest Coverage: 1962's interest payments on its debt are not well covered by EBIT (2.3x coverage).