SMIT Holdings Balance Sheet Health

Financial Health criteria checks 6/6

SMIT Holdings has a total shareholder equity of $171.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $195.9M and $24.4M respectively.

Key information

Debt to equity ratio

US$0

Debt

Interest coverage ratio	n/a
Cash	US$20.57m
Equity	US$171.50m
Total liabilities	US$24.44m
Total assets	US$195.94m

Recent financial health updates

Recent updates

SMIT Holdings Limited's (HKG:2239) CEO Compensation Is Looking A Bit Stretched At The Moment

May 24

Health Check: How Prudently Does SMIT Holdings (HKG:2239) Use Debt?

Sep 10

SMIT Holdings (HKG:2239) Is Making Moderate Use Of Debt

May 05

Is SMIT Holdings (HKG:2239) Using Debt In A Risky Way?

Sep 14

Is SMIT Holdings (HKG:2239) Using Too Much Debt?

Mar 29

SMIT Holdings' (HKG:2239) Shareholders Are Down 56% On Their Shares

Feb 17

We're Not Counting On SMIT Holdings (HKG:2239) To Sustain Its Statutory Profitability

Jan 13

What Type Of Shareholders Make Up SMIT Holdings Limited's (HKG:2239) Share Registry?

Dec 09

SMIT Holdings'(HKG:2239) Share Price Is Down 25% Over The Past Three Years.

Nov 18

Financial Position Analysis

Short Term Liabilities: 2239's short term assets ($33.9M) exceed its short term liabilities ($7.4M).

Long Term Liabilities: 2239's short term assets ($33.9M) exceed its long term liabilities ($17.1M).

Debt to Equity History and Analysis

Debt Level: 2239 is debt free.

Reducing Debt: 2239 has no debt compared to 5 years ago when its debt to equity ratio was 4.8%.

Debt Coverage: 2239 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2239 has no debt, therefore coverage of interest payments is not a concern.

SMIT Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Health Check: How Prudently Does SMIT Holdings (HKG:2239) Use Debt?

SMIT Holdings (HKG:2239) Is Making Moderate Use Of Debt

Is SMIT Holdings (HKG:2239) Using Debt In A Risky Way?

Is SMIT Holdings (HKG:2239) Using Too Much Debt?

Recent updates

SMIT Holdings Limited Declares Final Dividend for the Year Ended 31 December 2023

Upcoming dividend of HK$0.01 per share

SMIT Holdings Limited's (HKG:2239) CEO Compensation Is Looking A Bit Stretched At The Moment

Smit Holdings Limited Proposes final Dividend in Respect of the Year Ended 31 December 2023

Dividend of HK$0.01 announced

Less than half of directors are independent

SMIT Holdings Limited, Annual General Meeting, May 31, 2024

SMIT Holdings Limited to Report Fiscal Year 2023 Results on Apr 24, 2024

New minor risk - Financial data availability

SMIT Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

New major risk - Earnings quality

First half 2023 earnings released: EPS: US$0.001 (vs US$0.015 loss in 1H 2022)

SMIT Holdings Limited to Report First Half, 2023 Results on Aug 18, 2023

SMIT Holdings Limited Approves Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.01 per share at 0.4% yield

Full year 2022 earnings released: EPS: US$0.18 (vs US$0.031 in FY 2021)

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Health Check: How Prudently Does SMIT Holdings (HKG:2239) Use Debt?

Investor sentiment deteriorated over the past week

SMIT Holdings Limited Announces the Resignation of Shuai Hongyu as Executive Director, President and Chief Operating Officer

First half 2022 earnings released: US$0.01 loss per share (vs US$0.006 loss in 1H 2021)

SMIT Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ending 30 June 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

SMIT Holdings Limited Approves Final Dividend for the Year Ended 31 December 2021

Upcoming dividend of HK$0.01 per share

Investor sentiment deteriorated over the past week

SMIT Holdings (HKG:2239) Is Making Moderate Use Of Debt

Full year 2021 earnings released: EPS: US$0.031 (vs US$0.012 loss in FY 2020)

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS: US$0.031 (vs US$0.012 loss in FY 2020)

Is SMIT Holdings (HKG:2239) Using Debt In A Risky Way?

CFO, Executive VP & Executive Director exercised options and sold HK$400k worth of stock

First half 2021 earnings released: US$0.006 loss per share (vs US$0.02 loss in 1H 2020)

CFO, Executive VP & Executive Director exercised options and sold HK$436k worth of stock

CFO, Executive VP & Executive Director exercised options and sold HK$221k worth of stock

SMIT Holdings Limited Approves Final Dividend for the Year Ended December 31, 2020

Upcoming dividend of HK$0.01 per share

CFO, Executive VP & Executive Director exercised options and sold HK$302k worth of stock

Full year 2020 earnings released: US$0.012 loss per share (vs US$0.033 profit in FY 2019)

Is SMIT Holdings (HKG:2239) Using Too Much Debt?

Full year 2020 earnings released: US$0.012 loss per share (vs US$0.033 profit in FY 2019)

Non-Executive Director has left the company

SMIT Holdings Limited Provides Group Financial Guidance for the Year Ended 31 December 2020

SMIT Holdings Limited to Report Fiscal Year 2020 Results on Mar 26, 2021

Investor sentiment deteriorated over the past week

SMIT Holdings' (HKG:2239) Shareholders Are Down 56% On Their Shares

New 90-day high: HK$3.08

We're Not Counting On SMIT Holdings (HKG:2239) To Sustain Its Statutory Profitability

New 90-day low: HK$2.66

New 90-day low: HK$2.70

What Type Of Shareholders Make Up SMIT Holdings Limited's (HKG:2239) Share Registry?

SMIT Holdings'(HKG:2239) Share Price Is Down 25% Over The Past Three Years.

CFO, Executive VP & Executive Director exercised options and sold HK$174k worth of stock

New 90-day low: HK$3.36

Earnings released

SMIT Holdings Limited to Report First Half, 2020 Results on Aug 20, 2020

New 90-day high - HK$4.20

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies