Ngai Hing Hong Balance Sheet Health
Financial Health criteria checks 3/6
Ngai Hing Hong has a total shareholder equity of HK$515.6M and total debt of HK$326.9M, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are HK$974.3M and HK$458.7M respectively.
Key information
63.4%
Debt to equity ratio
HK$326.88m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$111.07m |
| Equity | HK$515.63m |
| Total liabilities | HK$458.66m |
| Total assets | HK$974.29m |
Recent financial health updates
We Think Ngai Hing Hong (HKG:1047) Has A Fair Chunk Of Debt
Apr 29
Ngai Hing Hong (HKG:1047) Is Carrying A Fair Bit Of Debt
Oct 11We Think Ngai Hing Hong (HKG:1047) Is Taking Some Risk With Its Debt
Nov 29Ngai Hing Hong (HKG:1047) Could Easily Take On More Debt
Mar 03Is Ngai Hing Hong (HKG:1047) Using Too Much Debt?
Apr 07Recent updates
We Think Ngai Hing Hong (HKG:1047) Has A Fair Chunk Of Debt
Apr 29Ngai Hing Hong Company Limited's (HKG:1047) Popularity With Investors Is Under Threat From Overpricing
Dec 21Ngai Hing Hong (HKG:1047) Is Carrying A Fair Bit Of Debt
Oct 11Capital Allocation Trends At Ngai Hing Hong (HKG:1047) Aren't Ideal
Aug 03Capital Allocation Trends At Ngai Hing Hong (HKG:1047) Aren't Ideal
Mar 22Calculating The Fair Value Of Ngai Hing Hong Company Limited (HKG:1047)
Jan 13We Think Ngai Hing Hong (HKG:1047) Is Taking Some Risk With Its Debt
Nov 29Ngai Hing Hong (HKG:1047) Could Easily Take On More Debt
Mar 03Ngai Hing Hong (HKG:1047) Is Experiencing Growth In Returns On Capital
Sep 08Ngai Hing Hong (HKG:1047) Is Experiencing Growth In Returns On Capital
May 26Is Ngai Hing Hong (HKG:1047) Using Too Much Debt?
Apr 07Ngai Hing Hong Company Limited (HKG:1047) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Mar 17Returns On Capital At Ngai Hing Hong (HKG:1047) Paint An Interesting Picture
Feb 25Need To Know: Ngai Hing Hong Company Limited (HKG:1047) Insiders Have Been Buying Shares
Jan 21
Trade Alert: The Co-Founder & Executive Chairman of the Board Of Ngai Hing Hong Company Limited (HKG:1047), Sai Chung Hui, Has Just Spent HK$84k Buying 1.4% More Shares
Jan 21Key Things To Understand About Ngai Hing Hong's (HKG:1047) CEO Pay Cheque
Dec 09Financial Position Analysis
Short Term Liabilities: 1047's short term assets (HK$676.7M) exceed its short term liabilities (HK$450.9M).
Long Term Liabilities: 1047's short term assets (HK$676.7M) exceed its long term liabilities (HK$7.8M).
Debt to Equity History and Analysis
Debt Level: 1047's net debt to equity ratio (41.9%) is considered high.
Reducing Debt: 1047's debt to equity ratio has reduced from 79.8% to 63.4% over the past 5 years.
Debt Coverage: 1047's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: Insufficient data to determine if 1047's interest payments on its debt are well covered by EBIT.