Edvance International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Edvance International Holdings has a total shareholder equity of HK$164.3M and total debt of HK$70.5M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are HK$907.5M and HK$743.2M respectively. Edvance International Holdings's EBIT is HK$4.6M making its interest coverage ratio 1.2. It has cash and short-term investments of HK$101.4M.
Key information
42.9%
Debt to equity ratio
HK$70.48m
Debt
| Interest coverage ratio | 1.2x |
| Cash | HK$101.38m |
| Equity | HK$164.30m |
| Total liabilities | HK$743.19m |
| Total assets | HK$907.48m |
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$585.2M) exceed its short term liabilities (HK$498.4M).
Long Term Liabilities: 1410's short term assets (HK$585.2M) exceed its long term liabilities (HK$244.8M).
Debt to Equity History and Analysis
Debt Level: 1410 has more cash than its total debt.
Reducing Debt: 1410's debt to equity ratio has increased from 22.1% to 42.9% over the past 5 years.
Debt Coverage: 1410's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 1410's interest payments on its debt are not well covered by EBIT (1.2x coverage).