OneForce Holdings Balance Sheet Health
Financial Health criteria checks 4/6
OneForce Holdings has a total shareholder equity of CN¥271.6M and total debt of CN¥110.4M, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are CN¥573.7M and CN¥302.1M respectively. OneForce Holdings's EBIT is CN¥27.8M making its interest coverage ratio 9.8. It has cash and short-term investments of CN¥20.7M.
Key information
40.6%
Debt to equity ratio
CN¥110.41m
Debt
| Interest coverage ratio | 9.8x |
| Cash | CN¥20.74m |
| Equity | CN¥271.63m |
| Total liabilities | CN¥302.10m |
| Total assets | CN¥573.72m |
Recent financial health updates
We Think OneForce Holdings (HKG:1933) Can Manage Its Debt With Ease
Jul 19
Here's Why OneForce Holdings (HKG:1933) Can Manage Its Debt Responsibly
Aug 26OneForce Holdings (HKG:1933) Has Debt But No Earnings; Should You Worry?
Jan 01
Recent updates
The Returns On Capital At OneForce Holdings (HKG:1933) Don't Inspire Confidence
Feb 22A Look At The Intrinsic Value Of OneForce Holdings Limited (HKG:1933)
Sep 14We Think OneForce Holdings (HKG:1933) Can Manage Its Debt With Ease
Jul 19OneForce Holdings (HKG:1933) Will Want To Turn Around Its Return Trends
Jun 16There Are Reasons To Feel Uneasy About OneForce Holdings' (HKG:1933) Returns On Capital
Nov 18There Are Reasons To Feel Uneasy About OneForce Holdings' (HKG:1933) Returns On Capital
Jun 20Investors Could Be Concerned With OneForce Holdings' (HKG:1933) Returns On Capital
Mar 04Here's Why OneForce Holdings (HKG:1933) Can Manage Its Debt Responsibly
Aug 26Investors Could Be Concerned With OneForce Holdings' (HKG:1933) Returns On Capital
Jun 28OneForce Holdings (HKG:1933) Has Debt But No Earnings; Should You Worry?
Jan 01Financial Position Analysis
Short Term Liabilities: 1933's short term assets (CN¥553.5M) exceed its short term liabilities (CN¥296.7M).
Long Term Liabilities: 1933's short term assets (CN¥553.5M) exceed its long term liabilities (CN¥5.4M).
Debt to Equity History and Analysis
Debt Level: 1933's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: 1933's debt to equity ratio has increased from 0% to 40.6% over the past 5 years.
Debt Coverage: 1933's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1933's interest payments on its debt are well covered by EBIT (9.8x coverage).