Steed Oriental (Holdings) Balance Sheet Health
Financial Health criteria checks 0/6
Steed Oriental (Holdings) has a total shareholder equity of HK$5.4M and total debt of HK$160.4M, which brings its debt-to-equity ratio to 2980.3%. Its total assets and total liabilities are HK$239.8M and HK$234.4M respectively. Steed Oriental (Holdings)'s EBIT is HK$3.1M making its interest coverage ratio 0.2. It has cash and short-term investments of HK$735.0K.
Key information
2,980.3%
Debt to equity ratio
HK$160.37m
Debt
| Interest coverage ratio | 0.2x |
| Cash | HK$735.00k |
| Equity | HK$5.38m |
| Total liabilities | HK$234.42m |
| Total assets | HK$239.80m |
Recent financial health updates
Is Steed Oriental (Holdings) (HKG:8277) Using Too Much Debt?
Mar 22
Auditors Have Doubts About Steed Oriental (Holdings) (HKG:8277)
Jul 07Steed Oriental (Holdings) (HKG:8277) Use Of Debt Could Be Considered Risky
Jan 11Is Steed Oriental (Holdings) (HKG:8277) Using Debt Sensibly?
Sep 26Here's Why Steed Oriental (Holdings) (HKG:8277) Is Weighed Down By Its Debt Load
Nov 10Recent updates
Is Steed Oriental (Holdings) (HKG:8277) Using Too Much Debt?
Mar 22Auditors Have Doubts About Steed Oriental (Holdings) (HKG:8277)
Jul 07Steed Oriental (Holdings) (HKG:8277) Use Of Debt Could Be Considered Risky
Jan 11Is Steed Oriental (Holdings) (HKG:8277) Using Debt Sensibly?
Sep 26Steed Oriental (Holdings) (HKG:8277) Is Looking To Continue Growing Its Returns On Capital
Jan 04Here's Why Steed Oriental (Holdings) (HKG:8277) Is Weighed Down By Its Debt Load
Nov 10Returns On Capital At Steed Oriental (Holdings) (HKG:8277) Paint An Interesting Picture
Feb 08Should You Review Recent Insider Transactions At Steed Oriental (Holdings) Company Limited (HKG:8277)?
Dec 16
Financial Position Analysis
Short Term Liabilities: 8277's short term assets (HK$66.4M) do not cover its short term liabilities (HK$123.7M).
Long Term Liabilities: 8277's short term assets (HK$66.4M) do not cover its long term liabilities (HK$110.7M).
Debt to Equity History and Analysis
Debt Level: 8277's net debt to equity ratio (2966.6%) is considered high.
Reducing Debt: 8277's debt to equity ratio has increased from 74.6% to 2980.3% 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: 8277 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8277 has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.7% each year.