Bay Area Gold Group Balance Sheet Health
Financial Health criteria checks 1/6
Bay Area Gold Group has a total shareholder equity of HK$4.2B and total debt of HK$3.5B, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are HK$10.2B and HK$6.0B respectively. Bay Area Gold Group's EBIT is HK$59.0M making its interest coverage ratio 0.2. It has cash and short-term investments of HK$184.6M.
Key information
82.3%
Debt to equity ratio
HK$3.48b
Debt
| Interest coverage ratio | 0.2x |
| Cash | HK$184.63m |
| Equity | HK$4.22b |
| Total liabilities | HK$5.97b |
| Total assets | HK$10.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1194's short term assets (HK$820.8M) do not cover its short term liabilities (HK$5.4B).
Long Term Liabilities: 1194's short term assets (HK$820.8M) exceed its long term liabilities (HK$596.7M).
Debt to Equity History and Analysis
Debt Level: 1194's net debt to equity ratio (78%) is considered high.
Reducing Debt: 1194's debt to equity ratio has increased from 70.3% to 82.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 1194 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1194 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/28 17:31 |
| End of Day Share Price | 2022/03/31 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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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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
Bay Area Gold Group Limited is covered by 6 analysts. 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 |
|---|---|
| Gary Cheng | CGS International |
| Joey Chen | Daiwa Securities Co. Ltd. |
| Alice Hui | DBS Vickers Research |