Celestial Asia Securities Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Celestial Asia Securities Holdings has a total shareholder equity of HK$169.0M and total debt of HK$339.6M, which brings its debt-to-equity ratio to 201%. Its total assets and total liabilities are HK$1.3B and HK$1.1B respectively.
Key information
201.0%
Debt to equity ratio
HK$339.61m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$270.71m |
| Equity | HK$168.98m |
| Total liabilities | HK$1.15b |
| Total assets | HK$1.32b |
Recent financial health updates
Celestial Asia Securities Holdings (HKG:1049) Has Debt But No Earnings; Should You Worry?
Dec 06
Health Check: How Prudently Does Celestial Asia Securities Holdings (HKG:1049) Use Debt?
Aug 20Celestial Asia Securities Holdings (HKG:1049) Has Debt But No Earnings; Should You Worry?
Mar 29These 4 Measures Indicate That Celestial Asia Securities Holdings (HKG:1049) Is Using Debt Extensively
Sep 12Is Celestial Asia Securities Holdings (HKG:1049) A Risky Investment?
Apr 12Recent updates
Getting In Cheap On Celestial Asia Securities Holdings Limited (HKG:1049) Is Unlikely
Aug 30We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Celestial Asia Securities Holdings Limited's (HKG:1049) CEO For Now
Dec 16Celestial Asia Securities Holdings (HKG:1049) Has Debt But No Earnings; Should You Worry?
Dec 06Health Check: How Prudently Does Celestial Asia Securities Holdings (HKG:1049) Use Debt?
Aug 20Celestial Asia Securities Holdings (HKG:1049) Has Debt But No Earnings; Should You Worry?
Mar 29These 4 Measures Indicate That Celestial Asia Securities Holdings (HKG:1049) Is Using Debt Extensively
Sep 12Robust Earnings May Not Tell The Whole Story For Celestial Asia Securities Holdings (HKG:1049)
Apr 16Is Celestial Asia Securities Holdings (HKG:1049) A Risky Investment?
Apr 12A Quick Analysis On Celestial Asia Securities Holdings' (HKG:1049) CEO Compensation
Dec 28
Financial Position Analysis
Short Term Liabilities: 1049's short term assets (HK$1.0B) do not cover its short term liabilities (HK$1.1B).
Long Term Liabilities: 1049's short term assets (HK$1.0B) exceed its long term liabilities (HK$70.9M).
Debt to Equity History and Analysis
Debt Level: 1049's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: 1049's debt to equity ratio has increased from 83.2% to 201% 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: Insufficient data to determine if 1049 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1049 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.