Shin Hwa World Balance Sheet Health
Financial Health criteria checks 4/6
Shin Hwa World has a total shareholder equity of HK$6.8B and total debt of HK$1.4B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are HK$8.5B and HK$1.7B respectively.
Key information
20.1%
Debt to equity ratio
HK$1.36b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$206.58m |
| Equity | HK$6.76b |
| Total liabilities | HK$1.72b |
| Total assets | HK$8.47b |
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 32% But Shin Hwa World Limited (HKG:582) Could Be Riskier Than It Looks
Aug 15The Market Lifts Shin Hwa World Limited (HKG:582) Shares 32% But It Can Do More
Jun 17It'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$745.2M) do not cover its short term liabilities (HK$1.7B).
Long Term Liabilities: 582's short term assets (HK$745.2M) exceed its long term liabilities (HK$62.0M).
Debt to Equity History and Analysis
Debt Level: 582's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: 582's debt to equity ratio has increased from 19.5% to 20.1% 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: 582 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 582 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 63.4% each year.