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$2.6B, which brings its debt-to-equity ratio to 103.4%. Its total assets and total liabilities are HK$7.1B and HK$4.6B respectively. Gold Peak Technology Group's EBIT is HK$264.0M making its interest coverage ratio 1.2. It has cash and short-term investments of HK$761.5M.
Key information
103.4%
Debt to equity ratio
HK$2.60b
Debt
| Interest coverage ratio | 1.2x |
| Cash | HK$761.54m |
| Equity | HK$2.51b |
| Total liabilities | HK$4.60b |
| Total assets | HK$7.12b |
Recent financial health updates
Does Gold Peak Technology Group (HKG:40) Have A Healthy Balance Sheet?
Jul 11
Gold Peak Industries (Holdings) (HKG:40) Use Of Debt Could Be Considered Risky
Jan 12
Recent updates
Gold Peak Technology Group Limited's (HKG:40) CEO Might Not Expect Shareholders To Be So Generous This Year
Aug 26Does Gold Peak Technology Group (HKG:40) Have A Healthy Balance Sheet?
Jul 11Here's What To Make Of Gold Peak Industries (Holdings)'s (HKG:40) Decelerating Rates Of Return
Dec 28Shareholders 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 07Gold 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$3.7B).
Long Term Liabilities: 40's short term assets (HK$3.5B) exceed its long term liabilities (HK$941.8M).
Debt to Equity History and Analysis
Debt Level: 40's net debt to equity ratio (73.1%) is considered high.
Reducing Debt: 40's debt to equity ratio has reduced from 147.1% to 103.4% over the past 5 years.
Debt Coverage: 40's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 40's interest payments on its debt are not well covered by EBIT (1.2x coverage).