Coastal Greenland Balance Sheet Health
Financial Health criteria checks 4/6
Coastal Greenland has a total shareholder equity of HK$1.3B and total debt of HK$450.0M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are HK$1.8B and HK$534.2M respectively.
Key information
35.8%
Debt to equity ratio
HK$450.04m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$2.66m |
| Equity | HK$1.26b |
| Total liabilities | HK$534.25m |
| Total assets | HK$1.79b |
Recent financial health updates
Health Check: How Prudently Does Coastal Greenland (HKG:1124) Use Debt?
Dec 02
Does Coastal Greenland (HKG:1124) Have A Healthy Balance Sheet?
Jul 14Coastal Greenland (HKG:1124) Has Debt But No Earnings; Should You Worry?
Jul 05Is Coastal Greenland (HKG:1124) Using Debt In A Risky Way?
Jul 15Is Coastal Greenland (HKG:1124) Using Debt In A Risky Way?
Nov 28Recent updates
Should Shareholders Have Second Thoughts About A Pay Rise For Coastal Greenland Limited's (HKG:1124) CEO This Year?
Sep 03Health Check: How Prudently Does Coastal Greenland (HKG:1124) Use Debt?
Dec 02Does Coastal Greenland (HKG:1124) Have A Healthy Balance Sheet?
Jul 14Coastal Greenland (HKG:1124) Has Debt But No Earnings; Should You Worry?
Jul 05We Think Some Shareholders May Hesitate To Increase Coastal Greenland Limited's (HKG:1124) CEO Compensation
Sep 10Is Coastal Greenland (HKG:1124) Using Debt In A Risky Way?
Jul 15Is Coastal Greenland (HKG:1124) Using Debt In A Risky Way?
Nov 28Financial Position Analysis
Short Term Liabilities: 1124's short term assets (HK$1.4B) exceed its short term liabilities (HK$437.0M).
Long Term Liabilities: 1124's short term assets (HK$1.4B) exceed its long term liabilities (HK$97.3M).
Debt to Equity History and Analysis
Debt Level: 1124's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: 1124's debt to equity ratio has reduced from 51.1% to 35.8% 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: 1124 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1124 has less than a year of cash runway if free cash flow continues to grow at historical rates of 53.7% each year.