Far East Holdings International Balance Sheet Health
Financial Health criteria checks 3/6
Far East Holdings International has a total shareholder equity of HK$694.3M and total debt of HK$634.9M, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are HK$1.4B and HK$661.6M respectively. Far East Holdings International's EBIT is HK$1.7M making its interest coverage ratio 0. It has cash and short-term investments of HK$6.4M.
Key information
91.4%
Debt to equity ratio
HK$634.87m
Debt
| Interest coverage ratio | 0.04x |
| Cash | HK$6.41m |
| Equity | HK$694.28m |
| Total liabilities | HK$661.60m |
| Total assets | HK$1.36b |
Recent financial health updates
Far East Holdings International (HKG:36) Has A Somewhat Strained Balance Sheet
Mar 28
Is Far East Holdings International (HKG:36) Using Too Much Debt?
Sep 28Far East Holdings International (HKG:36) Use Of Debt Could Be Considered Risky
Sep 30Far East Holdings International (HKG:36) Seems To Be Using A Lot Of Debt
Apr 08These 4 Measures Indicate That Far East Holdings International (HKG:36) Is Using Debt Extensively
Dec 14
Recent updates
Far East Holdings International (HKG:36) Has A Somewhat Strained Balance Sheet
Mar 28Is Far East Holdings International (HKG:36) Using Too Much Debt?
Sep 28Far East Holdings International (HKG:36) Use Of Debt Could Be Considered Risky
Sep 30Far East Holdings International (HKG:36) Seems To Be Using A Lot Of Debt
Apr 08Far East Holdings International (HKG:36) Strong Profits May Be Masking Some Underlying Issues
Sep 05These 4 Measures Indicate That Far East Holdings International (HKG:36) Is Using Debt Extensively
Dec 14Financial Position Analysis
Short Term Liabilities: 36's short term assets (HK$7.2M) do not cover its short term liabilities (HK$661.6M).
Long Term Liabilities: 36 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 36's net debt to equity ratio (90.5%) is considered high.
Reducing Debt: 36's debt to equity ratio has increased from 0% to 91.4% 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 36 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 36 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 31.4% per year.