Palinda Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Palinda Group Holdings has a total shareholder equity of HK$366.2M and total debt of HK$125.6M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are HK$496.0M and HK$129.8M respectively. Palinda Group Holdings's EBIT is HK$3.9M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$3.2M.
Key information
34.3%
Debt to equity ratio
HK$125.63m
Debt
| Interest coverage ratio | 0.6x |
| Cash | HK$3.22m |
| Equity | HK$366.17m |
| Total liabilities | HK$129.81m |
| Total assets | HK$495.98m |
Recent financial health updates
Does Palinda Group Holdings (HKG:8179) Have A Healthy Balance Sheet?
Oct 19
These 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 04Palinda Group Holdings (HKG:8179) Seems To Use Debt Quite Sensibly
Aug 19Recent updates
Palinda 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$449.9M) exceed its short term liabilities (HK$129.7M).
Long Term Liabilities: 8179's short term assets (HK$449.9M) exceed its long term liabilities (HK$92.0K).
Debt to Equity History and Analysis
Debt Level: 8179's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: 8179's debt to equity ratio has increased from 28.6% to 34.3% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8179 has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.3% each year.