Guoen Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Guoen Holdings has a total shareholder equity of HK$45.8M and total debt of HK$2.0M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are HK$92.0M and HK$46.2M respectively. Guoen Holdings's EBIT is HK$3.3M making its interest coverage ratio -122.2. It has cash and short-term investments of HK$47.9M.
Key information
4.4%
Debt to equity ratio
HK$2.00m
Debt
| Interest coverage ratio | -122.2x |
| Cash | HK$47.93m |
| Equity | HK$45.77m |
| Total liabilities | HK$46.18m |
| Total assets | HK$91.96m |
Recent financial health updates
No updates
Recent updates
Lacklustre Performance Is Driving Guoen Holdings Limited's (HKG:8121) 55% Price Drop
Oct 04
Why Investors Shouldn't Be Surprised By Guoen Holdings Limited's (HKG:8121) 33% Share Price Plunge
Jan 23Investors Aren't Buying Guoen Holdings Limited's (HKG:8121) Revenues
Aug 10How Should Investors Feel About Guru Online (Holdings)'s (HKG:8121) CEO Remuneration?
Dec 29Financial Position Analysis
Short Term Liabilities: 8121's short term assets (HK$87.2M) exceed its short term liabilities (HK$43.2M).
Long Term Liabilities: 8121's short term assets (HK$87.2M) exceed its long term liabilities (HK$2.9M).
Debt to Equity History and Analysis
Debt Level: 8121 has more cash than its total debt.
Reducing Debt: 8121's debt to equity ratio has increased from 0% to 4.4% over the past 5 years.
Debt Coverage: 8121's debt is well covered by operating cash flow (126.6%).
Interest Coverage: 8121 earns more interest than it pays, so coverage of interest payments is not a concern.