ICO Group Balance Sheet Health
Financial Health criteria checks 6/6
ICO Group has a total shareholder equity of HK$598.8M and total debt of HK$60.0M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are HK$960.5M and HK$361.7M respectively. ICO Group's EBIT is HK$38.6M making its interest coverage ratio -4. It has cash and short-term investments of HK$298.7M.
Key information
10.0%
Debt to equity ratio
HK$60.00m
Debt
| Interest coverage ratio | -4x |
| Cash | HK$298.68m |
| Equity | HK$598.82m |
| Total liabilities | HK$361.73m |
| Total assets | HK$960.55m |
Recent financial health updates
ICO Group (HKG:1460) Could Easily Take On More Debt
Jul 04
Does ICO Group (HKG:1460) Have A Healthy Balance Sheet?
Jul 18ICO Group (HKG:1460) Could Easily Take On More Debt
Feb 15Recent updates
ICO Group Limited (HKG:1460) Stock Rockets 27% But Many Are Still Ignoring The Company
Jan 20ICO Group's (HKG:1460) Performance Is Even Better Than Its Earnings Suggest
Dec 25ICO Group Limited (HKG:1460) Soars 32% But It's A Story Of Risk Vs Reward
Dec 02A Look At The Fair Value Of ICO Group Limited (HKG:1460)
Sep 04Optimistic Investors Push ICO Group Limited (HKG:1460) Shares Up 33% But Growth Is Lacking
May 28ICO Group Limited (HKG:1460) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Mar 27ICO Group (HKG:1460) Is Doing The Right Things To Multiply Its Share Price
Mar 25ICO Group Limited's (HKG:1460) Popularity With Investors Is Under Threat From Overpricing
Jan 30There May Be Reason For Hope In ICO Group's (HKG:1460) Disappointing Earnings
Dec 26There's Been No Shortage Of Growth Recently For ICO Group's (HKG:1460) Returns On Capital
Aug 08ICO Group (HKG:1460) Could Easily Take On More Debt
Jul 04The Returns On Capital At ICO Group (HKG:1460) Don't Inspire Confidence
Feb 23ICO Group (HKG:1460) Will Want To Turn Around Its Return Trends
Sep 07Does ICO Group (HKG:1460) Have A Healthy Balance Sheet?
Jul 18ICO Group (HKG:1460) Could Easily Take On More Debt
Feb 15Financial Position Analysis
Short Term Liabilities: 1460's short term assets (HK$663.7M) exceed its short term liabilities (HK$339.2M).
Long Term Liabilities: 1460's short term assets (HK$663.7M) exceed its long term liabilities (HK$22.6M).
Debt to Equity History and Analysis
Debt Level: 1460 has more cash than its total debt.
Reducing Debt: 1460's debt to equity ratio has reduced from 11.4% to 10% over the past 5 years.
Debt Coverage: 1460's debt is well covered by operating cash flow (114.8%).
Interest Coverage: 1460 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 23:23 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ICO Group 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 |
|---|