Grand Field Group Holdings Balance Sheet Health

Financial Health criteria checks 0/6

Grand Field Group Holdings has a total shareholder equity of HK$1.2B and total debt of HK$733.7M, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are HK$2.6B and HK$1.5B respectively. Grand Field Group Holdings's EBIT is HK$39.0M making its interest coverage ratio 0.8. It has cash and short-term investments of HK$40.9M.

Key information

63.7%

Debt to equity ratio

HK$733.70m

Debt

Interest coverage ratio	0.8x
Cash	HK$40.93m
Equity	HK$1.15b
Total liabilities	HK$1.48b
Total assets	HK$2.63b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0115's short term assets (HK$715.8M) do not cover its short term liabilities (HK$728.7M).

Long Term Liabilities: 0115's short term assets (HK$715.8M) do not cover its long term liabilities (HK$751.3M).

Debt to Equity History and Analysis

Debt Level: 0115's net debt to equity ratio (60.1%) is considered high.

Reducing Debt: 0115's debt to equity ratio has increased from 44.4% to 63.7% 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 0115 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 0115 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	2024/05/21 00:45
End of Day Share Price	2024/05/21 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Grand Field Group Holdings 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