New Sparkle Roll International Group Balance Sheet Health
Financial Health criteria checks 4/6
Newrkle Roll International Group has a total shareholder equity of HK$1.6B and total debt of HK$727.3M, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are HK$2.9B and HK$1.3B respectively.
Key information
45.7%
Debt to equity ratio
HK$727.25m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$169.97m |
| Equity | HK$1.59b |
| Total liabilities | HK$1.26b |
| Total assets | HK$2.85b |
Recent financial health updates
Does New Sparkle Roll International Group (HKG:970) Have A Healthy Balance Sheet?
Jul 07
New Sparkle Roll International Group (HKG:970) Seems To Be Using A Lot Of Debt
Mar 13New Sparkle Roll International Group (HKG:970) Seems To Use Debt Quite Sensibly
Jan 14Here's Why Sparkle Roll Group (HKG:970) Has A Meaningful Debt Burden
Dec 30Recent updates
Does New Sparkle Roll International Group (HKG:970) Have A Healthy Balance Sheet?
Jul 07New Sparkle Roll International Group (HKG:970) Seems To Be Using A Lot Of Debt
Mar 13We Think New Sparkle Roll International Group Limited's (HKG:970) CEO Compensation Package Needs To Be Put Under A Microscope
Sep 20New Sparkle Roll International Group (HKG:970) Seems To Use Debt Quite Sensibly
Jan 14Shareholders May Not Be So Generous With Sparkle Roll Group Limited's (HKG:970) CEO Compensation And Here's Why
Sep 14Our Take On Sparkle Roll Group's (HKG:970) CEO Salary
Jan 26Here's Why Sparkle Roll Group (HKG:970) Has A Meaningful Debt Burden
Dec 30Who Has Been Selling Sparkle Roll Group Limited (HKG:970) Shares?
Dec 08
Financial Position Analysis
Short Term Liabilities: 970's short term assets (HK$1.2B) exceed its short term liabilities (HK$992.0M).
Long Term Liabilities: 970's short term assets (HK$1.2B) exceed its long term liabilities (HK$269.2M).
Debt to Equity History and Analysis
Debt Level: 970's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 970's debt to equity ratio has increased from 36.8% to 45.7% over the past 5 years.
Debt Coverage: 970's debt is well covered by operating cash flow (30.7%).
Interest Coverage: Insufficient data to determine if 970's interest payments on its debt are well covered by EBIT.