Apollo Future Mobility Group Balance Sheet Health
Financial Health criteria checks 3/6
Apollo Future Mobility Group has a total shareholder equity of HK$4.3B and total debt of HK$264.4M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are HK$4.9B and HK$673.0M respectively.
Key information
6.2%
Debt to equity ratio
HK$264.39m
Debt
Interest coverage ratio | n/a |
Cash | HK$52.53m |
Equity | HK$4.26b |
Total liabilities | HK$673.04m |
Total assets | HK$4.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2996's short term assets (HK$1.3B) exceed its short term liabilities (HK$618.9M).
Long Term Liabilities: 2996's short term assets (HK$1.3B) exceed its long term liabilities (HK$54.2M).
Debt to Equity History and Analysis
Debt Level: 2996's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: 2996's debt to equity ratio has increased from 3.7% to 6.2% over the past 5 years.
Debt Coverage: 2996's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2996's interest payments on its debt are well covered by EBIT.