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
Is Grand Field Group Holdings (HKG:115) Using Debt In A Risky Way?
Sep 07
Is Grand Field Group Holdings (HKG:115) Using Debt In A Risky Way?
Apr 12Does Grand Field Group Holdings (HKG:115) Have A Healthy Balance Sheet?
Sep 07Is Grand Field Group Holdings (HKG:115) A Risky Investment?
Mar 30Recent updates
Financial Position Analysis
Short Term Liabilities: 115's short term assets (HK$715.8M) do not cover its short term liabilities (HK$728.7M).
Long Term Liabilities: 115'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: 115's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: 115'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 115 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 115 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.