Niche-Tech Semiconductor Materials Balance Sheet Health
Financial Health criteria checks 2/6
Niche-Tech Semiconductor Materials has a total shareholder equity of HK$217.6M and total debt of HK$119.6M, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are HK$374.0M and HK$156.4M respectively. Niche-Tech Semiconductor Materials's EBIT is HK$7.5M making its interest coverage ratio 1.5. It has cash and short-term investments of HK$22.3M.
Key information
55.0%
Debt to equity ratio
HK$119.62m
Debt
| Interest coverage ratio | 1.5x |
| Cash | HK$22.34m |
| Equity | HK$217.60m |
| Total liabilities | HK$156.39m |
| Total assets | HK$373.99m |
Recent financial health updates
Is Niche-Tech Group (HKG:8490) A Risky Investment?
Jun 19
Does Niche-Tech Group (HKG:8490) Have A Healthy Balance Sheet?
Sep 07Health Check: How Prudently Does Niche-Tech Group (HKG:8490) Use Debt?
Apr 06Health Check: How Prudently Does Niche-Tech Group (HKG:8490) Use Debt?
Dec 22
Recent updates
More Unpleasant Surprises Could Be In Store For Niche-Tech Semiconductor Materials Limited's (HKG:8490) Shares After Tumbling 32%
Dec 10Investors Met With Slowing Returns on Capital At Niche-Tech Semiconductor Materials (HKG:8490)
Oct 07There's Reason For Concern Over Niche-Tech Semiconductor Materials Limited's (HKG:8490) Massive 177% Price Jump
Oct 07Niche-Tech Semiconductor Materials Limited's (HKG:8490) Price Is Right But Growth Is Lacking
Jul 29Niche-Tech Semiconductor Materials (HKG:8490) Will Be Looking To Turn Around Its Returns
May 01Niche-Tech Semiconductor Materials Limited (HKG:8490) Investors Are Less Pessimistic Than Expected
Jan 24The Returns On Capital At Niche-Tech Semiconductor Materials (HKG:8490) Don't Inspire Confidence
May 25Niche-Tech Semiconductor Materials' (HKG:8490) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 31Here's What's Concerning About Niche-Tech Semiconductor Materials' (HKG:8490) Returns On Capital
Oct 25Is Niche-Tech Group (HKG:8490) A Risky Investment?
Jun 19Niche-Tech Group's (HKG:8490) Returns On Capital Not Reflecting Well On The Business
Nov 30Does Niche-Tech Group (HKG:8490) Have A Healthy Balance Sheet?
Sep 07Health Check: How Prudently Does Niche-Tech Group (HKG:8490) Use Debt?
Apr 06Health Check: How Prudently Does Niche-Tech Group (HKG:8490) Use Debt?
Dec 22Financial Position Analysis
Short Term Liabilities: 8490's short term assets (HK$183.5M) exceed its short term liabilities (HK$118.9M).
Long Term Liabilities: 8490's short term assets (HK$183.5M) exceed its long term liabilities (HK$37.5M).
Debt to Equity History and Analysis
Debt Level: 8490's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: 8490's debt to equity ratio has increased from 13.8% to 55% 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 not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 22:51 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Niche-Tech Semiconductor Materials Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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