International Entertainment Balance Sheet Health
Financial Health criteria checks 5/6
International Entertainment has a total shareholder equity of HK$1.2B and total debt of HK$1.1B, which brings its debt-to-equity ratio to 92.4%. Its total assets and total liabilities are HK$2.5B and HK$1.3B respectively. International Entertainment's EBIT is HK$7.8M making its interest coverage ratio 0.3. It has cash and short-term investments of HK$1.1B.
Key information
92.4%
Debt to equity ratio
HK$1.08b
Debt
| Interest coverage ratio | 0.3x |
| Cash | HK$1.06b |
| Equity | HK$1.16b |
| Total liabilities | HK$1.32b |
| Total assets | HK$2.49b |
Recent financial health updates
These 4 Measures Indicate That International Entertainment (HKG:1009) Is Using Debt Reasonably Well
Nov 27
Is International Entertainment (HKG:1009) Using Debt Sensibly?
Jun 07International Entertainment (HKG:1009) Has Debt But No Earnings; Should You Worry?
Mar 03Is International Entertainment (HKG:1009) Using Too Much Debt?
May 12Is International Entertainment (HKG:1009) Weighed On By Its Debt Load?
Dec 23Is International Entertainment (HKG:1009) Weighed On By Its Debt Load?
Apr 17Recent updates
International Entertainment Corporation (HKG:1009) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing
Apr 08International Entertainment Corporation's (HKG:1009) Popularity With Investors Is Under Threat From Overpricing
Jan 30These 4 Measures Indicate That International Entertainment (HKG:1009) Is Using Debt Reasonably Well
Nov 27Is International Entertainment (HKG:1009) Using Debt Sensibly?
Jun 07International Entertainment (HKG:1009) Has Debt But No Earnings; Should You Worry?
Mar 03Is International Entertainment (HKG:1009) Using Too Much Debt?
May 12Is International Entertainment (HKG:1009) Weighed On By Its Debt Load?
Dec 23Is International Entertainment (HKG:1009) Weighed On By Its Debt Load?
Apr 17How Much Of International Entertainment Corporation (HKG:1009) Do Insiders Own?
Feb 23How Much Did International Entertainment's(HKG:1009) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 19Financial Position Analysis
Short Term Liabilities: 1009's short term assets (HK$1.2B) exceed its short term liabilities (HK$547.6M).
Long Term Liabilities: 1009's short term assets (HK$1.2B) exceed its long term liabilities (HK$774.6M).
Debt to Equity History and Analysis
Debt Level: 1009's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: 1009's debt to equity ratio has increased from 19.8% to 92.4% 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: Whilst unprofitable 1009 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1009 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 37.7% per year.