Niche-Tech Semiconductor Materials Financial Health

Short Term Liabilities: 8490's short term assets (HK$188.2M) exceed its short term liabilities (HK$62.6M).

Long Term Liabilities: 8490's short term assets (HK$188.2M) exceed its long term liabilities (HK$16.2M).

Debt Level: 8490's net debt to equity ratio (4.5%) is considered satisfactory.

Reducing Debt: 8490's debt to equity ratio has reduced from 42% to 17.9% over the past 5 years.

Debt Coverage: 8490's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 8490's interest payments on its debt are well covered by EBIT (9.2x coverage).

• Healthy companies in the Semiconductors industry.