Freetech Road Recycling Technology (Holdings) Financial Health
How is Freetech Road Recycling Technology (Holdings)'s financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 6888's short term assets (HK$971.8M) exceed its short term liabilities (HK$466.7M).
Long Term Liabilities: 6888's short term assets (HK$971.8M) exceed its long term liabilities (HK$27.4M).
Debt to Equity History and Analysis
Debt Level: 6888 has more cash than its total debt.
Reducing Debt: 6888's debt to equity ratio has increased from 10.1% to 12.5% over the past 5 years.
Debt Coverage: 6888's debt is well covered by operating cash flow (24.6%).
Interest Coverage: 6888 earns more interest than it pays, so coverage of interest payments is not a concern.