Hang Tai Yue Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Hang Tai Yue Group Holdings has a total shareholder equity of HK$317.0M and total debt of HK$74.3M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are HK$441.5M and HK$124.5M respectively.
Key information
23.4%
Debt to equity ratio
HK$74.29m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$72.59m |
| Equity | HK$316.98m |
| Total liabilities | HK$124.52m |
| Total assets | HK$441.50m |
Recent financial health updates
We Think Hang Tai Yue Group Holdings (HKG:8081) Has A Fair Chunk Of Debt
Nov 10
Is Hang Tai Yue Group Holdings (HKG:8081) A Risky Investment?
May 24Is Hang Tai Yue Group Holdings (HKG:8081) Using Debt In A Risky Way?
Sep 28Is Hang Tai Yue Group Holdings (HKG:8081) A Risky Investment?
Dec 26Hang Tai Yue Group Holdings (HKG:8081) Is Making Moderate Use Of Debt
Aug 20Hang Tai Yue Group Holdings (HKG:8081) Has Debt But No Earnings; Should You Worry?
May 06Recent updates
Hang Tai Yue Group Holdings Limited (HKG:8081) May Have Run Too Fast Too Soon With Recent 42% Price Plummet
Mar 31We Think Hang Tai Yue Group Holdings (HKG:8081) Has A Fair Chunk Of Debt
Nov 10Is Hang Tai Yue Group Holdings (HKG:8081) A Risky Investment?
May 24Is Hang Tai Yue Group Holdings (HKG:8081) Using Debt In A Risky Way?
Sep 28Hang Tai Yue Group Holdings' (HKG:8081) Earnings Aren't As Good As They Appear
Apr 28Is Hang Tai Yue Group Holdings (HKG:8081) A Risky Investment?
Dec 26Hang Tai Yue Group Holdings (HKG:8081) Is Making Moderate Use Of Debt
Aug 20Hang Tai Yue Group Holdings (HKG:8081) Has Debt But No Earnings; Should You Worry?
May 06If You Had Bought Hang Tai Yue Group Holdings (HKG:8081) Stock A Year Ago, You Could Pocket A 222% Gain Today
Feb 08Have Hang Tai Yue Group Holdings Limited (HKG:8081) Insiders Been Selling Their Stock?
Nov 29
Financial Position Analysis
Short Term Liabilities: 8081's short term assets (HK$144.8M) exceed its short term liabilities (HK$96.0M).
Long Term Liabilities: 8081's short term assets (HK$144.8M) exceed its long term liabilities (HK$28.6M).
Debt to Equity History and Analysis
Debt Level: 8081's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 8081's debt to equity ratio has reduced from 39.4% to 23.4% over the past 5 years.
Debt Coverage: 8081's debt is well covered by operating cash flow (47.1%).
Interest Coverage: Insufficient data to determine if 8081's interest payments on its debt are well covered by EBIT.