Flat Glass Group Balance Sheet Health
Financial Health criteria checks 5/6
Flat Glass Group has a total shareholder equity of CN¥23.0B and total debt of CN¥12.5B, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are CN¥43.4B and CN¥20.4B respectively. Flat Glass Group's EBIT is CN¥3.7B making its interest coverage ratio 8.3. It has cash and short-term investments of CN¥6.1B.
Key information
54.5%
Debt to equity ratio
CN¥12.51b
Debt
Interest coverage ratio | 8.3x |
Cash | CN¥6.13b |
Equity | CN¥22.95b |
Total liabilities | CN¥20.43b |
Total assets | CN¥43.38b |
Recent financial health updates
We Think Flat Glass Group (HKG:6865) Can Stay On Top Of Its Debt
Mar 01Flat Glass Group (HKG:6865) Seems To Use Debt Quite Sensibly
Nov 21We Think Flat Glass Group (HKG:6865) Can Stay On Top Of Its Debt
Jul 12Flat Glass Group (HKG:6865) Has A Somewhat Strained Balance Sheet
Mar 09We Think Flat Glass Group (HKG:6865) Is Taking Some Risk With Its Debt
Dec 05Is Flat Glass Group (HKG:6865) A Risky Investment?
Sep 02Recent updates
Should You Think About Buying Flat Glass Group Co., Ltd. (HKG:6865) Now?
Apr 29Flat Glass Group's (HKG:6865) Profits May Not Reveal Underlying Issues
Apr 02Flat Glass Group Co., Ltd.'s (HKG:6865) 38% Jump Shows Its Popularity With Investors
Mar 08We Think Flat Glass Group (HKG:6865) Can Stay On Top Of Its Debt
Mar 01Earnings Tell The Story For Flat Glass Group Co., Ltd. (HKG:6865) As Its Stock Soars 32%
Jan 23Is Flat Glass Group Co., Ltd. (HKG:6865) Trading At A 38% Discount?
Jan 12Should You Investigate Flat Glass Group Co., Ltd. (HKG:6865) At HK$13.18?
Jan 01Flat Glass Group (HKG:6865) Seems To Use Debt Quite Sensibly
Nov 21Returns At Flat Glass Group (HKG:6865) Appear To Be Weighed Down
Nov 06We Think Flat Glass Group (HKG:6865) Can Stay On Top Of Its Debt
Jul 12What Does Flat Glass Group Co., Ltd.'s (HKG:6865) Share Price Indicate?
Jun 26Are Investors Undervaluing Flat Glass Group Co., Ltd. (HKG:6865) By 49%?
Jun 13Does Flat Glass Group (HKG:6865) Deserve A Spot On Your Watchlist?
May 09Flat Glass Group's (HKG:6865) Returns Have Hit A Wall
Apr 09Flat Glass Group (HKG:6865) Has A Somewhat Strained Balance Sheet
Mar 09Is Now An Opportune Moment To Examine Flat Glass Group Co., Ltd. (HKG:6865)?
Feb 22Flat Glass Group (HKG:6865) Could Be Struggling To Allocate Capital
Jan 07We Think Flat Glass Group (HKG:6865) Is Taking Some Risk With Its Debt
Dec 05Why Flat Glass Group Co., Ltd. (HKG:6865) Could Be Worth Watching
Nov 17Flat Glass Group (HKG:6865) May Have Issues Allocating Its Capital
Oct 08Is Flat Glass Group (HKG:6865) A Risky Investment?
Sep 02What Does Flat Glass Group Co., Ltd.'s (HKG:6865) Share Price Indicate?
May 22Capital Allocation Trends At Flat Glass Group (HKG:6865) Aren't Ideal
Apr 21Flat Glass Group Co., Ltd.'s (HKG:6865) Intrinsic Value Is Potentially 78% Above Its Share Price
Mar 25At HK$29.00, Is It Time To Put Flat Glass Group Co., Ltd. (HKG:6865) On Your Watch List?
Feb 13I Ran A Stock Scan For Earnings Growth And Flat Glass Group (HKG:6865) Passed With Ease
Jan 16Flat Glass Group (HKG:6865) Is Aiming To Keep Up Its Impressive Returns
Jan 01These 4 Measures Indicate That Flat Glass Group (HKG:6865) Is Using Debt Reasonably Well
Dec 16If You Like EPS Growth Then Check Out Flat Glass Group (HKG:6865) Before It's Too Late
Oct 17Shareholders Are Optimistic That Flat Glass Group (HKG:6865) Will Multiply In Value
Oct 02Here's Why Flat Glass Group (HKG:6865) Can Manage Its Debt Responsibly
Sep 17Financial Position Analysis
Short Term Liabilities: 6865's short term assets (CN¥16.5B) exceed its short term liabilities (CN¥8.4B).
Long Term Liabilities: 6865's short term assets (CN¥16.5B) exceed its long term liabilities (CN¥12.1B).
Debt to Equity History and Analysis
Debt Level: 6865's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: 6865's debt to equity ratio has increased from 38.5% to 54.5% over the past 5 years.
Debt Coverage: 6865's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 6865's interest payments on its debt are well covered by EBIT (8.3x coverage).