GR Life Style Balance Sheet Health
Financial Health criteria checks 2/6
GR Life Style has a total shareholder equity of HK$3.0B and total debt of HK$2.7B, which brings its debt-to-equity ratio to 88.2%. Its total assets and total liabilities are HK$6.4B and HK$3.3B respectively. GR Life Style's EBIT is HK$168.5M making its interest coverage ratio 1.4. It has cash and short-term investments of HK$243.1M.
Key information
88.2%
Debt to equity ratio
HK$2.69b
Debt
| Interest coverage ratio | 1.4x |
| Cash | HK$243.13m |
| Equity | HK$3.04b |
| Total liabilities | HK$3.33b |
| Total assets | HK$6.37b |
Recent financial health updates
Here's Why GR Properties (HKG:108) Is Weighed Down By Its Debt Load
Oct 04
Here's Why GR Properties (HKG:108) Has A Meaningful Debt Burden
May 08Recent updates
A Look At The Intrinsic Value Of GR Life Style Company Limited (HKG:108)
Sep 11Here's Why GR Properties (HKG:108) Is Weighed Down By Its Debt Load
Oct 04Here's Why GR Properties (HKG:108) Has A Meaningful Debt Burden
May 08How Much Of GR Properties Limited (HKG:108) Do Insiders Own?
Feb 18
Declining Stock and Decent Financials: Is The Market Wrong About GR Properties Limited (HKG:108)?
Jan 28Would Shareholders Who Purchased GR Properties' (HKG:108) Stock Year Be Happy With The Share price Today?
Dec 22Here's Why We Don't Think GR Properties's (HKG:108) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 04Financial Position Analysis
Short Term Liabilities: 108's short term assets (HK$1.0B) do not cover its short term liabilities (HK$1.2B).
Long Term Liabilities: 108's short term assets (HK$1.0B) do not cover its long term liabilities (HK$2.1B).
Debt to Equity History and Analysis
Debt Level: 108's net debt to equity ratio (80.2%) is considered high.
Reducing Debt: 108's debt to equity ratio has increased from 34.2% to 88.2% 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 108 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 108 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.9% per year.