Glorious Property Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Glorious Property Holdings has a total shareholder equity of CN¥-2.8B and total debt of CN¥22.7B, which brings its debt-to-equity ratio to -803.1%. Its total assets and total liabilities are CN¥44.8B and CN¥47.7B respectively. Glorious Property Holdings's EBIT is CN¥502.5M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥241.9M.
Key information
-803.1%
Debt to equity ratio
CN¥22.66b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥241.87m |
| Equity | -CN¥2.82b |
| Total liabilities | CN¥47.65b |
| Total assets | CN¥44.83b |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of Glorious Property Holdings Limited (HKG:845)
Oct 04
What Type Of Shareholders Own The Most Number of Glorious Property Holdings Limited (HKG:845) Shares?
Feb 23We Wouldn't Rely On Glorious Property Holdings's (HKG:845) Statutory Earnings As A Guide
Jan 19Reflecting on Glorious Property Holdings' (HKG:845) Share Price Returns Over The Last Five Years
Dec 22
Could The Glorious Property Holdings Limited (HKG:845) Ownership Structure Tell Us Something Useful?
Nov 24Financial Position Analysis
Short Term Liabilities: 845 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 845 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 845 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 845's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 845 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 845 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.