Gold Peak Technology Group Balance Sheet Health
Financial Health criteria checks 2/6
Gold Peak Technology Group has a total shareholder equity of HK$2.5B and total debt of HK$3.2B, which brings its debt-to-equity ratio to 127.6%. Its total assets and total liabilities are HK$7.7B and HK$5.2B respectively. Gold Peak Technology Group's EBIT is HK$133.1M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$915.5M.
Key information
127.6%
Debt to equity ratio
HK$3.23b
Debt
| Interest coverage ratio | 0.6x |
| Cash | HK$915.46m |
| Equity | HK$2.53b |
| Total liabilities | HK$5.19b |
| Total assets | HK$7.72b |
Recent financial health updates
Recent updates
Here's What To Make Of Gold Peak Industries (Holdings)'s (HKG:40) Decelerating Rates Of Return
Dec 28
Shareholders Will Probably Hold Off On Increasing Gold Peak Industries (Holdings) Limited's (HKG:40) CEO Compensation For The Time Being
Aug 26Returns On Capital At Gold Peak Industries (Holdings) (HKG:40) Have Hit The Brakes
May 25It Looks Like Gold Peak Industries (Holdings) Limited's (HKG:40) CEO May Expect Their Salary To Be Put Under The Microscope
Mar 15Chairman & CEO Chung Wing Lo Just Bought 2.4% More Shares In Gold Peak Industries (Holdings) Limited (HKG:40)
Mar 11A Quick Analysis On Gold Peak Industries (Holdings)'s (HKG:40) CEO Salary
Feb 07
Gold Peak Industries (Holdings) (HKG:40) Use Of Debt Could Be Considered Risky
Jan 12Returns On Capital At Gold Peak Industries (Holdings) (HKG:40) Paint An Interesting Picture
Dec 17Financial Position Analysis
Short Term Liabilities: 40's short term assets (HK$3.5B) do not cover its short term liabilities (HK$4.5B).
Long Term Liabilities: 40's short term assets (HK$3.5B) exceed its long term liabilities (HK$723.0M).
Debt to Equity History and Analysis
Debt Level: 40's net debt to equity ratio (91.5%) is considered high.
Reducing Debt: 40's debt to equity ratio has reduced from 152.2% to 127.6% over the past 5 years.
Debt Coverage: 40's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 40's interest payments on its debt are not well covered by EBIT (0.6x coverage).