Renco Holdings Group Balance Sheet Health
Financial Health criteria checks 2/6
Renco Holdings Group has a total shareholder equity of HK$-47.0M and total debt of HK$1.2B, which brings its debt-to-equity ratio to -2614.9%. Its total assets and total liabilities are HK$1.6B and HK$1.7B respectively.
Key information
-2,614.9%
Debt to equity ratio
HK$1.23b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$70.19m |
| Equity | -HK$47.05m |
| Total liabilities | HK$1.68b |
| Total assets | HK$1.63b |
Recent financial health updates
Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?
Dec 04
Health Check: How Prudently Does Renco Holdings Group (HKG:2323) Use Debt?
Sep 04Is Renco Holdings Group (HKG:2323) Weighed On By Its Debt Load?
Oct 02Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?
Apr 29Would Renco Holdings Group (HKG:2323) Be Better Off With Less Debt?
Sep 27Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?
Mar 30Recent updates
Renco Holdings Group Limited (HKG:2323) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Nov 18Renco Holdings Group Limited's (HKG:2323) Shares Climb 56% But Its Business Is Yet to Catch Up
Oct 04Renco Holdings Group Limited (HKG:2323) May Have Run Too Fast Too Soon With Recent 38% Price Plummet
Jul 14There's Reason For Concern Over Renco Holdings Group Limited's (HKG:2323) Massive 100% Price Jump
May 05Renco Holdings Group Limited (HKG:2323) Stock Rockets 38% But Many Are Still Ignoring The Company
Mar 01Market Might Still Lack Some Conviction On Renco Holdings Group Limited (HKG:2323) Even After 31% Share Price Boost
Dec 25Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?
Dec 04Health Check: How Prudently Does Renco Holdings Group (HKG:2323) Use Debt?
Sep 04Is Renco Holdings Group (HKG:2323) Weighed On By Its Debt Load?
Oct 02Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?
Apr 29Calculating The Intrinsic Value Of Renco Holdings Group Limited (HKG:2323)
Mar 02Would Renco Holdings Group (HKG:2323) Be Better Off With Less Debt?
Sep 27Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?
Mar 30If You Had Bought Renco Holdings Group's (HKG:2323) Shares Three Years Ago You Would Be Down 90%
Nov 23
Financial Position Analysis
Short Term Liabilities: 2323 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 2323 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2323 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 2323's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2323 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2323 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 15:33 |
| End of Day Share Price | 2025/01/09 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Renco Holdings Group Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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