Shin Hwa World Balance Sheet Health
Financial Health criteria checks 2/6
Shin Hwa World has a total shareholder equity of HK$7.4B and total debt of HK$1.4B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are HK$9.2B and HK$1.8B respectively.
Key information
19.1%
Debt to equity ratio
HK$1.42b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$266.04m |
| Equity | HK$7.41b |
| Total liabilities | HK$1.80b |
| Total assets | HK$9.20b |
Recent financial health updates
Does Shin Hwa World (HKG:582) Have A Healthy Balance Sheet?
Mar 28
Is Shin Hwa World (HKG:582) Using Debt In A Risky Way?
Nov 27Landing International Development (HKG:582) Has Debt But No Earnings; Should You Worry?
Oct 26Is Landing International Development (HKG:582) Using Debt Sensibly?
Apr 04Recent updates
It's Down 26% But Shin Hwa World Limited (HKG:582) Could Be Riskier Than It Looks
Apr 04Does Shin Hwa World (HKG:582) Have A Healthy Balance Sheet?
Mar 28Slammed 28% Shin Hwa World Limited (HKG:582) Screens Well Here But There Might Be A Catch
Feb 19Investors Still Aren't Entirely Convinced By Shin Hwa World Limited's (HKG:582) Revenues Despite 45% Price Jump
Jan 02Is Shin Hwa World (HKG:582) Using Debt In A Risky Way?
Nov 27A Look At The Fair Value Of Shin Hwa World Limited (HKG:582)
Aug 30Potential Upside For Shin Hwa World Limited (HKG:582) Not Without Risk
Jul 26Landing International Development (HKG:582) Has Debt But No Earnings; Should You Worry?
Oct 26Is Landing International Development (HKG:582) Using Debt Sensibly?
Apr 04Do Insiders Own Lots Of Shares In Landing International Development Limited (HKG:582)?
Jan 26
Financial Position Analysis
Short Term Liabilities: 582's short term assets (HK$842.1M) exceed its short term liabilities (HK$312.6M).
Long Term Liabilities: 582's short term assets (HK$842.1M) do not cover its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: 582's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: 582's debt to equity ratio has increased from 13.4% to 19.1% 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 582 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 582 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.