HKC International Holdings Balance Sheet Health
Financial Health criteria checks 2/6
HKC International Holdings has a total shareholder equity of HK$242.4M and total debt of HK$159.0M, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are HK$415.2M and HK$172.8M respectively. HKC International Holdings's EBIT is HK$4.3M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$26.7M.
Key information
65.6%
Debt to equity ratio
HK$159.03m
Debt
| Interest coverage ratio | 0.6x |
| Cash | HK$26.73m |
| Equity | HK$242.36m |
| Total liabilities | HK$172.82m |
| Total assets | HK$415.19m |
Recent financial health updates
We Think HKC International Holdings (HKG:248) Has A Fair Chunk Of Debt
Feb 25
Is HKC International Holdings (HKG:248) Using Too Much Debt?
Nov 27Is HKC International Holdings (HKG:248) A Risky Investment?
Jan 20Recent updates
HKC International Holdings Limited (HKG:248) Stock Rockets 41% As Investors Are Less Pessimistic Than Expected
Oct 04Returns On Capital Are Showing Encouraging Signs At HKC International Holdings (HKG:248)
Oct 03Optimistic Investors Push HKC International Holdings Limited (HKG:248) Shares Up 28% But Growth Is Lacking
Mar 18Here's Why We Think HKC International Holdings (HKG:248) Is Well Worth Watching
May 16We Think HKC International Holdings (HKG:248) Has A Fair Chunk Of Debt
Feb 25Is HKC International Holdings (HKG:248) Using Too Much Debt?
Nov 27Here's Why HKC International Holdings Limited's (HKG:248) CEO May Not Expect A Pay Rise This Year
Aug 20How Many HKC International Holdings Limited (HKG:248) Shares Did Insiders Buy, In The Last Year?
Mar 15Is HKC International Holdings (HKG:248) A Risky Investment?
Jan 20Who Has Been Buying HKC International Holdings Limited (HKG:248) Shares?
Nov 28Financial Position Analysis
Short Term Liabilities: 248's short term assets (HK$190.9M) exceed its short term liabilities (HK$172.7M).
Long Term Liabilities: 248's short term assets (HK$190.9M) exceed its long term liabilities (HK$139.0K).
Debt to Equity History and Analysis
Debt Level: 248's net debt to equity ratio (54.6%) is considered high.
Reducing Debt: 248's debt to equity ratio has increased from 23.9% to 65.6% 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: 248 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 248 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.2% each year