DIT Group Balance Sheet Health
Financial Health criteria checks 3/6
DIT Group has a total shareholder equity of HK$2.4B and total debt of HK$1.7B, which brings its debt-to-equity ratio to 72.9%. Its total assets and total liabilities are HK$5.9B and HK$3.6B respectively.
Key information
72.9%
Debt to equity ratio
HK$1.72b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$24.83m |
| Equity | HK$2.36b |
| Total liabilities | HK$3.56b |
| Total assets | HK$5.91b |
Recent financial health updates
These 4 Measures Indicate That DIT Group (HKG:726) Is Using Debt Extensively
Apr 28
DIT Group (HKG:726) Seems To Use Debt Quite Sensibly
Mar 31Recent updates
Risks Still Elevated At These Prices As DIT Group Limited (HKG:726) Shares Dive 31%
Aug 26More Unpleasant Surprises Could Be In Store For DIT Group Limited's (HKG:726) Shares After Tumbling 49%
Apr 26DIT Group Limited (HKG:726) Might Not Be As Mispriced As It Looks
Dec 27These 4 Measures Indicate That DIT Group (HKG:726) Is Using Debt Extensively
Apr 28DIT Group (HKG:726) Seems To Use Debt Quite Sensibly
Mar 31What Kind Of Shareholders Own DIT Group Limited (HKG:726)?
Feb 08
Declining Stock and Decent Financials: Is The Market Wrong About DIT Group Limited (HKG:726)?
Jan 11Investors Who Bought DIT Group (HKG:726) Shares A Year Ago Are Now Up 79%
Dec 14We're Not Counting On DIT Group (HKG:726) To Sustain Its Statutory Profitability
Nov 17Financial Position Analysis
Short Term Liabilities: 726's short term assets (HK$2.0B) do not cover its short term liabilities (HK$3.1B).
Long Term Liabilities: 726's short term assets (HK$2.0B) exceed its long term liabilities (HK$478.7M).
Debt to Equity History and Analysis
Debt Level: 726's net debt to equity ratio (71.9%) is considered high.
Reducing Debt: 726's debt to equity ratio has increased from 20.9% to 72.9% 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 726 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 726 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.3% per year.