Zhongchang International Holdings Group Balance Sheet Health
Financial Health criteria checks 0/6
Zhongchang International Holdings Group has a total shareholder equity of HK$927.2M and total debt of HK$776.9M, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are HK$1.7B and HK$811.4M respectively. Zhongchang International Holdings Group's EBIT is HK$25.6M making its interest coverage ratio 0.5. It has cash and short-term investments of HK$15.1M.
Key information
83.8%
Debt to equity ratio
HK$776.88m
Debt
| Interest coverage ratio | 0.5x |
| Cash | HK$15.14m |
| Equity | HK$927.17m |
| Total liabilities | HK$811.38m |
| Total assets | HK$1.74b |
Financial Position Analysis
Short Term Liabilities: 859's short term assets (HK$18.1M) do not cover its short term liabilities (HK$793.3M).
Long Term Liabilities: 859's short term assets (HK$18.1M) do not cover its long term liabilities (HK$18.1M).
Debt to Equity History and Analysis
Debt Level: 859's net debt to equity ratio (82.2%) is considered high.
Reducing Debt: 859's debt to equity ratio has increased from 78.1% to 83.8% 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: 859 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 859 has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.4% each year.