China Ocean Group Development Balance Sheet Health
Financial Health criteria checks 3/6
China Ocean Group Development has a total shareholder equity of HK$506.1M and total debt of HK$160.2M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are HK$1.3B and HK$764.4M respectively.
Key information
31.6%
Debt to equity ratio
HK$160.16m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$133.00k |
| Equity | HK$506.12m |
| Total liabilities | HK$764.38m |
| Total assets | HK$1.27b |
Recent financial health updates
China Ocean Group Development (HKG:8047) Is Making Moderate Use Of Debt
Feb 22
Is China Ocean Group Development (HKG:8047) Using Too Much Debt?
Jul 05Recent updates
China Ocean Group Development Limited (HKG:8047) May Have Run Too Fast Too Soon With Recent 30% Price Plummet
Sep 08China Ocean Group Development Limited's (HKG:8047) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 22China Ocean Group Development Limited (HKG:8047) Shares May Have Slumped 48% But Getting In Cheap Is Still Unlikely
Apr 12China Ocean Group Development Limited's (HKG:8047) 28% Share Price Plunge Could Signal Some Risk
Feb 01China Ocean Group Development (HKG:8047) Is Making Moderate Use Of Debt
Feb 22We Think Shareholders May Want To Consider A Review Of China Ocean Group Development Limited's (HKG:8047) CEO Compensation Package
Sep 21Is China Ocean Group Development (HKG:8047) Using Too Much Debt?
Jul 05The China Ocean Group Development (HKG:8047) Share Price Has Gained 124%, So Why Not Pay It Some Attention?
Jan 07
Are China Ocean Group Development's (HKG:8047) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 03Financial Position Analysis
Short Term Liabilities: 8047's short term assets (HK$1.0B) exceed its short term liabilities (HK$719.7M).
Long Term Liabilities: 8047's short term assets (HK$1.0B) exceed its long term liabilities (HK$44.7M).
Debt to Equity History and Analysis
Debt Level: 8047's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: 8047's debt to equity ratio has increased from 12.6% to 31.6% over the past 5 years.
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: 8047 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8047 has less than a year of cash runway if free cash flow continues to grow at historical rates of 43% each year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:16 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
China Ocean Group Development 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 |
|---|