Huasheng International Holding Balance Sheet Health
Financial Health criteria checks 6/6
Huasheng International Holding has a total shareholder equity of HK$941.3M and total debt of HK$356.6M, which brings its debt-to-equity ratio to 37.9%. Its total assets and total liabilities are HK$1.7B and HK$792.7M respectively. Huasheng International Holding's EBIT is HK$65.9M making its interest coverage ratio 3.7. It has cash and short-term investments of HK$60.9M.
Key information
37.9%
Debt to equity ratio
HK$356.55m
Debt
| Interest coverage ratio | 3.7x |
| Cash | HK$60.95m |
| Equity | HK$941.32m |
| Total liabilities | HK$792.72m |
| Total assets | HK$1.73b |
Recent financial health updates
Huasheng International Holding (HKG:1323) Has A Pretty Healthy Balance Sheet
Nov 26
We Think Huasheng International Holding (HKG:1323) Can Stay On Top Of Its Debt
Dec 26Here's Why Huasheng International Holding (HKG:1323) Can Manage Its Debt Responsibly
Feb 25Here's Why Huasheng International Holding (HKG:1323) Can Manage Its Debt Responsibly
Jun 29Recent updates
Huasheng International Holding (HKG:1323) Has A Pretty Healthy Balance Sheet
Nov 26We Think Huasheng International Holding (HKG:1323) Can Stay On Top Of Its Debt
Dec 26Here's Why Huasheng International Holding (HKG:1323) Can Manage Its Debt Responsibly
Feb 25We Believe Huasheng International Holding's (HKG:1323) Earnings Are A Poor Guide For Its Profitability
Dec 03Huasheng International Holding Limited's (HKG:1323) CEO Compensation Is Looking A Bit Stretched At The Moment
Aug 06Here's Why Huasheng International Holding (HKG:1323) Can Manage Its Debt Responsibly
Jun 29If You Had Bought Huasheng International Holding (HKG:1323) Stock Three Years Ago, You Could Pocket A 86% Gain Today
Jan 11
Financial Position Analysis
Short Term Liabilities: 1323's short term assets (HK$1.2B) exceed its short term liabilities (HK$569.4M).
Long Term Liabilities: 1323's short term assets (HK$1.2B) exceed its long term liabilities (HK$223.3M).
Debt to Equity History and Analysis
Debt Level: 1323's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: 1323's debt to equity ratio has reduced from 85.4% to 37.9% 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: 1323 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1323 has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 39.2% each year.