Edvance International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Edvance International Holdings has a total shareholder equity of HK$131.4M and total debt of HK$42.1M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are HK$715.1M and HK$583.7M respectively.
Key information
32.1%
Debt to equity ratio
HK$42.15m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$35.16m |
| Equity | HK$131.39m |
| Total liabilities | HK$583.72m |
| Total assets | HK$715.11m |
Recent financial health updates
Edvance International Holdings (HKG:1410) Seems To Use Debt Quite Sensibly
Aug 23
Edvance International Holdings (HKG:1410) Seems To Use Debt Quite Sensibly
Jan 06Edvance International Holdings (HKG:1410) Seems To Use Debt Rather Sparingly
Mar 16Edvance International Holdings (HKG:1410) Could Easily Take On More Debt
Dec 11
Recent updates
Edvance International Holdings Limited (HKG:1410) Shares Slammed 67% But Getting In Cheap Might Be Difficult Regardless
Dec 20Edvance International Holdings (HKG:1410) Seems To Use Debt Quite Sensibly
Aug 23Returns On Capital At Edvance International Holdings (HKG:1410) Paint A Concerning Picture
May 31Edvance International Holdings (HKG:1410) Seems To Use Debt Quite Sensibly
Jan 06Edvance International Holdings (HKG:1410) Could Be Struggling To Allocate Capital
Oct 21Edvance International Holdings (HKG:1410) Seems To Use Debt Rather Sparingly
Mar 16If You Had Bought Edvance International Holdings' (HKG:1410) Shares Three Years Ago You Would Be Down 59%
Feb 18Edvance International Holdings Limited's (HKG:1410) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Jan 28Here's Why Edvance International Holdings's (HKG:1410) Statutory Earnings Are Arguably Too Conservative
Jan 07Edvance International Holdings (HKG:1410) Could Easily Take On More Debt
Dec 11Reflecting on Edvance International Holdings' (HKG:1410) Share Price Returns Over The Last Three Years
Nov 20Financial Position Analysis
Short Term Liabilities: 1410's short term assets (HK$408.7M) exceed its short term liabilities (HK$381.2M).
Long Term Liabilities: 1410's short term assets (HK$408.7M) exceed its long term liabilities (HK$202.6M).
Debt to Equity History and Analysis
Debt Level: 1410's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 1410's debt to equity ratio has increased from 20.7% to 32.1% over the past 5 years.
Debt Coverage: 1410's debt is well covered by operating cash flow (112.8%).
Interest Coverage: Insufficient data to determine if 1410's interest payments on its debt are well covered by EBIT.