Ngai Hing Hong Balance Sheet Health
Financial Health criteria checks 3/6
Ngai Hing Hong has a total shareholder equity of HK$519.3M and total debt of HK$385.9M, which brings its debt-to-equity ratio to 74.3%. Its total assets and total liabilities are HK$1.0B and HK$497.6M respectively. Ngai Hing Hong's EBIT is HK$15.7M making its interest coverage ratio 0.7. It has cash and short-term investments of HK$104.2M.
Key information
74.3%
Debt to equity ratio
HK$385.87m
Debt
| Interest coverage ratio | 0.7x |
| Cash | HK$104.23m |
| Equity | HK$519.30m |
| Total liabilities | HK$497.59m |
| Total assets | HK$1.02b |
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
Here's Why Shareholders Should Examine Ngai Hing Hong Company Limited's (HKG:1047) CEO Compensation Package More Closely
Nov 07We 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$720.0M) exceed its short term liabilities (HK$491.3M).
Long Term Liabilities: 1047's short term assets (HK$720.0M) exceed its long term liabilities (HK$6.3M).
Debt to Equity History and Analysis
Debt Level: 1047's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: 1047's debt to equity ratio has reduced from 79.4% to 74.3% over the past 5 years.
Debt Coverage: 1047's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1047's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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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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
Ngai Hing Hong Company 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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