Celestial Asia Securities Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Celestial Asia Securities Holdings has a total shareholder equity of HK$131.3M and total debt of HK$292.4M, which brings its debt-to-equity ratio to 222.8%. Its total assets and total liabilities are HK$1.2B and HK$1.1B respectively.
Key information
222.8%
Debt to equity ratio
HK$292.42m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$214.57m |
| Equity | HK$131.26m |
| Total liabilities | HK$1.07b |
| Total assets | HK$1.20b |
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
Celestial Asia Securities Holdings Limited's (HKG:1049) 143% Share Price Surge Not Quite Adding Up
Jun 19We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Celestial Asia Securities Holdings Limited's (HKG:1049) CEO For Now
Jun 11A Look At The Fair Value Of Celestial Asia Securities Holdings Limited (HKG:1049)
May 25Getting 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$911.4M) do not cover its short term liabilities (HK$1.0B).
Long Term Liabilities: 1049's short term assets (HK$911.4M) exceed its long term liabilities (HK$53.9M).
Debt to Equity History and Analysis
Debt Level: 1049's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: 1049's debt to equity ratio has increased from 114.6% to 222.8% 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 1049 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1049 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.2% per year.