DevGreat Group Balance Sheet Health
Financial Health criteria checks 5/6
DevGreat Group has a total shareholder equity of HK$533.6M and total debt of HK$217.7M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are HK$4.3B and HK$3.8B respectively. DevGreat Group's EBIT is HK$97.6M making its interest coverage ratio -1.1. It has cash and short-term investments of HK$54.9M.
Key information
40.8%
Debt to equity ratio
HK$217.69m
Debt
| Interest coverage ratio | -1.1x |
| Cash | HK$54.92m |
| Equity | HK$533.61m |
| Total liabilities | HK$3.81b |
| Total assets | HK$4.35b |
Recent financial health updates
These 4 Measures Indicate That Shanghai Zendai Property (HKG:755) Is Using Debt In A Risky Way
Nov 01
Is Shanghai Zendai Property (HKG:755) A Risky Investment?
Apr 05Recent updates
Shanghai Zendai Property Limited's (HKG:755) 58% Share Price Surge Not Quite Adding Up
Oct 18Shanghai Zendai Property Limited's (HKG:755) Shares May Have Run Too Fast Too Soon
Aug 29Shanghai Zendai Property Limited's (HKG:755) 42% Share Price Surge Not Quite Adding Up
May 23Shanghai Zendai Property Limited's (HKG:755) Business Is Yet to Catch Up With Its Share Price
Apr 02Shanghai Zendai Property (HKG:755) Shareholders Should Be Cautious Despite Solid Earnings
Oct 03These 4 Measures Indicate That Shanghai Zendai Property (HKG:755) Is Using Debt In A Risky Way
Nov 01Is Shanghai Zendai Property (HKG:755) A Risky Investment?
Apr 05If You Had Bought Shanghai Zendai Property's (HKG:755) Shares Five Years Ago You Would Be Down 69%
Dec 16Financial Position Analysis
Short Term Liabilities: 755's short term assets (HK$3.8B) do not cover its short term liabilities (HK$3.8B).
Long Term Liabilities: 755's short term assets (HK$3.8B) exceed its long term liabilities (HK$18.2M).
Debt to Equity History and Analysis
Debt Level: 755's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: 755's debt to equity ratio has reduced from 341.3% to 40.8% 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 755 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 755 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 46.1% per year.