Art Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Art Group Holdings has a total shareholder equity of HK$221.8M and total debt of HK$10.4M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are HK$1.2B and HK$977.0M respectively. Art Group Holdings's EBIT is HK$78.4M making its interest coverage ratio 3.8. It has cash and short-term investments of HK$54.7M.
Key information
4.7%
Debt to equity ratio
HK$10.40m
Debt
| Interest coverage ratio | 3.8x |
| Cash | HK$54.75m |
| Equity | HK$221.75m |
| Total liabilities | HK$977.04m |
| Total assets | HK$1.20b |
Recent financial health updates
These 4 Measures Indicate That Art Group Holdings (HKG:565) Is Using Debt Extensively
Dec 29
Is Art Group Holdings (HKG:565) Using Too Much Debt?
Apr 08Is Art Group Holdings (HKG:565) A Risky Investment?
Dec 28
Recent updates
Subdued Growth No Barrier To Art Group Holdings Limited (HKG:565) With Shares Advancing 30%
Apr 10Art Group Holdings Limited (HKG:565) May Have Run Too Fast Too Soon With Recent 29% Price Plummet
Feb 21Art Group Holdings Limited's (HKG:565) 27% Share Price Surge Not Quite Adding Up
Jan 05These 4 Measures Indicate That Art Group Holdings (HKG:565) Is Using Debt Extensively
Dec 29Estimating The Intrinsic Value Of Art Group Holdings Limited (HKG:565)
May 17Is Art Group Holdings (HKG:565) Using Too Much Debt?
Apr 08Estimating The Intrinsic Value Of Art Group Holdings Limited (HKG:565)
Mar 01Here's What Art Group Holdings Limited's (HKG:565) Shareholder Ownership Structure Looks Like
Feb 03Is Art Group Holdings (HKG:565) A Risky Investment?
Dec 28If You Had Bought Art Group Holdings (HKG:565) Stock Five Years Ago, You Could Pocket A 50% Gain Today
Nov 22Financial Position Analysis
Short Term Liabilities: 565's short term assets (HK$103.3M) do not cover its short term liabilities (HK$196.6M).
Long Term Liabilities: 565's short term assets (HK$103.3M) do not cover its long term liabilities (HK$780.5M).
Debt to Equity History and Analysis
Debt Level: 565 has more cash than its total debt.
Reducing Debt: 565's debt to equity ratio has reduced from 46.7% to 4.7% 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: Whilst unprofitable 565 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 565 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.1% per year.