Palinda Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Palinda Group Holdings has a total shareholder equity of HK$422.8M and total debt of HK$106.7M, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are HK$555.2M and HK$132.5M respectively. Palinda Group Holdings's EBIT is HK$4.9M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$3.5M.
Key information
25.2%
Debt to equity ratio
HK$106.67m
Debt
| Interest coverage ratio | 0.6x |
| Cash | HK$3.46m |
| Equity | HK$422.76m |
| Total liabilities | HK$132.45m |
| Total assets | HK$555.21m |
Recent financial health updates
Palinda Group Holdings (HKG:8179) Seems To Be Using A Lot Of Debt
Aug 18
Does Palinda Group Holdings (HKG:8179) Have A Healthy Balance Sheet?
Oct 19These 4 Measures Indicate That Palinda Group Holdings (HKG:8179) Is Using Debt Extensively
Apr 26Palinda Group Holdings (HKG:8179) Has A Somewhat Strained Balance Sheet
Dec 23Palinda Group Holdings (HKG:8179) Is Carrying A Fair Bit Of Debt
Aug 17Does Palinda Group Holdings (HKG:8179) Have A Healthy Balance Sheet?
May 04Recent updates
Market Participants Recognise Palinda Group Holdings Limited's (HKG:8179) Revenues
Oct 11Palinda Group Holdings (HKG:8179) Seems To Be Using A Lot Of Debt
Aug 18Palinda Group Holdings Limited (HKG:8179) Stocks Shoot Up 40% But Its P/S Still Looks Reasonable
Jun 21Further Upside For Palinda Group Holdings Limited (HKG:8179) Shares Could Introduce Price Risks After 27% Bounce
May 07Palinda Group Holdings Limited (HKG:8179) Looks Just Right With A 36% Price Jump
Feb 22Does Palinda Group Holdings (HKG:8179) Have A Healthy Balance Sheet?
Oct 19These 4 Measures Indicate That Palinda Group Holdings (HKG:8179) Is Using Debt Extensively
Apr 26Palinda Group Holdings (HKG:8179) Has A Somewhat Strained Balance Sheet
Dec 23Palinda Group Holdings (HKG:8179) Is Carrying A Fair Bit Of Debt
Aug 17Does Palinda Group Holdings (HKG:8179) Have A Healthy Balance Sheet?
May 04Calculating The Intrinsic Value Of Palinda Group Holdings Limited (HKG:8179)
Oct 14Palinda Group Holdings (HKG:8179) Seems To Use Debt Quite Sensibly
Aug 19We Think Palinda Group Holdings (HKG:8179) Has A Fair Chunk Of Debt
Mar 31Financial Position Analysis
Short Term Liabilities: 8179's short term assets (HK$510.3M) exceed its short term liabilities (HK$132.4M).
Long Term Liabilities: 8179's short term assets (HK$510.3M) exceed its long term liabilities (HK$53.0K).
Debt to Equity History and Analysis
Debt Level: 8179's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: 8179's debt to equity ratio has reduced from 56.6% to 25.2% 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: 8179 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8179 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.