New World Department Store China Balance Sheet Health
Financial Health criteria checks 3/6
New World Department Store China has a total shareholder equity of HK$3.4B and total debt of HK$1.5B, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are HK$10.9B and HK$7.5B respectively. New World Department Store China's EBIT is HK$166.5M making its interest coverage ratio 0.8. It has cash and short-term investments of HK$842.5M.
Key information
43.0%
Debt to equity ratio
HK$1.48b
Debt
| Interest coverage ratio | 0.8x |
| Cash | HK$842.53m |
| Equity | HK$3.44b |
| Total liabilities | HK$7.49b |
| Total assets | HK$10.93b |
Recent financial health updates
Is New World Department Store China (HKG:825) Using Too Much Debt?
Sep 29
We Think New World Department Store China (HKG:825) Can Stay On Top Of Its Debt
Jun 08Does New World Department Store China (HKG:825) Have A Healthy Balance Sheet?
May 05Recent updates
Risks Still Elevated At These Prices As New World Department Store China Limited (HKG:825) Shares Dive 26%
Apr 09Be Wary Of New World Department Store China (HKG:825) And Its Returns On Capital
Feb 02Investor Optimism Abounds New World Department Store China Limited (HKG:825) But Growth Is Lacking
Dec 21Is New World Department Store China (HKG:825) Using Too Much Debt?
Sep 29The Returns On Capital At New World Department Store China (HKG:825) Don't Inspire Confidence
Dec 07We Think New World Department Store China (HKG:825) Can Stay On Top Of Its Debt
Jun 08Here's What's Concerning About New World Department Store China's (HKG:825) Returns On Capital
Mar 14These Return Metrics Don't Make New World Department Store China (HKG:825) Look Too Strong
Sep 13New World Department Store China (HKG:825) Could Be At Risk Of Shrinking As A Company
Jun 09Does New World Department Store China (HKG:825) Have A Healthy Balance Sheet?
May 05Returns On Capital At New World Department Store China (HKG:825) Paint A Concerning Picture
Feb 23New World Department Store China's(HKG:825) Share Price Is Down 30% Over The Past Three Years.
Dec 29Does New World Department Store China's (HKG:825) Returns On Capital Reflect Well On The Business?
Nov 24Financial Position Analysis
Short Term Liabilities: 825's short term assets (HK$1.2B) do not cover its short term liabilities (HK$4.1B).
Long Term Liabilities: 825's short term assets (HK$1.2B) do not cover its long term liabilities (HK$3.4B).
Debt to Equity History and Analysis
Debt Level: 825's net debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: 825's debt to equity ratio has increased from 31.9% to 43% 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 825 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 825 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.4% per year.