Centenary United Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Centenary United Holdings has a total shareholder equity of CN¥137.0M and total debt of CN¥290.0M, which brings its debt-to-equity ratio to 211.6%. Its total assets and total liabilities are CN¥637.4M and CN¥500.3M respectively.
Key information
211.6%
Debt to equity ratio
CN¥290.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥127.83m |
| Equity | CN¥137.03m |
| Total liabilities | CN¥500.34m |
| Total assets | CN¥637.38m |
Recent financial health updates
Is Centenary United Holdings (HKG:1959) A Risky Investment?
Sep 10
Does Centenary United Holdings (HKG:1959) Have A Healthy Balance Sheet?
Apr 07Recent updates
Centenary United Holdings Limited's (HKG:1959) 233% Share Price Surge Not Quite Adding Up
Nov 01Is Centenary United Holdings (HKG:1959) A Risky Investment?
Sep 10Does Centenary United Holdings (HKG:1959) Have A Healthy Balance Sheet?
Apr 07Capital Allocation Trends At Centenary United Holdings (HKG:1959) Aren't Ideal
Jun 05Should We Be Excited About The Trends Of Returns At Centenary United Holdings (HKG:1959)?
Feb 17If You Had Bought Centenary United Holdings (HKG:1959) Shares A Year Ago You'd Have Earned 74% Returns
Jan 18
Is Centenary United Holdings Limited's (HKG:1959) Latest Stock Performance A Reflection Of Its Financial Health?
Dec 23We're Not So Sure You Should Rely on Centenary United Holdings's (HKG:1959) Statutory Earnings
Nov 27Financial Position Analysis
Short Term Liabilities: 1959's short term assets (CN¥375.3M) exceed its short term liabilities (CN¥304.2M).
Long Term Liabilities: 1959's short term assets (CN¥375.3M) exceed its long term liabilities (CN¥196.2M).
Debt to Equity History and Analysis
Debt Level: 1959's net debt to equity ratio (118.4%) is considered high.
Reducing Debt: 1959's debt to equity ratio has increased from 180.8% to 211.6% 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 1959 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1959 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.9% per year.