Zhuguang Holdings Group Balance Sheet Health
Financial Health criteria checks 2/6
Zhuguang Holdings Group has a total shareholder equity of HK$6.3B and total debt of HK$13.8B, which brings its debt-to-equity ratio to 219.3%. Its total assets and total liabilities are HK$35.9B and HK$29.6B respectively. Zhuguang Holdings Group's EBIT is HK$618.4M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$314.5M.
Key information
219.3%
Debt to equity ratio
HK$13.84b
Debt
Interest coverage ratio | 0.6x |
Cash | HK$314.51m |
Equity | HK$6.31b |
Total liabilities | HK$29.57b |
Total assets | HK$35.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1176's short term assets (HK$16.1B) do not cover its short term liabilities (HK$21.6B).
Long Term Liabilities: 1176's short term assets (HK$16.1B) exceed its long term liabilities (HK$8.0B).
Debt to Equity History and Analysis
Debt Level: 1176's net debt to equity ratio (214.4%) is considered high.
Reducing Debt: 1176's debt to equity ratio has reduced from 279.6% to 219.3% over the past 5 years.
Debt Coverage: 1176's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 1176's interest payments on its debt are not well covered by EBIT (0.6x coverage).