Asia-express Logistics Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Asia-express Logistics Holdings has a total shareholder equity of HK$36.5M and total debt of HK$14.6M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are HK$111.8M and HK$75.4M respectively.
Key information
40.0%
Debt to equity ratio
HK$14.58m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$12.43m |
| Equity | HK$36.47m |
| Total liabilities | HK$75.37m |
| Total assets | HK$111.83m |
Recent financial health updates
Is Asia-express Logistics Holdings (HKG:8620) Using Debt In A Risky Way?
Mar 22
We Think Asia-express Logistics Holdings (HKG:8620) Has A Fair Chunk Of Debt
Jul 05Asia-express Logistics Holdings (HKG:8620) Is Carrying A Fair Bit Of Debt
Mar 09Asia-express Logistics Holdings (HKG:8620) Is Carrying A Fair Bit Of Debt
Nov 24We Think Asia-express Logistics Holdings (HKG:8620) Has A Fair Chunk Of Debt
Aug 09We Think Asia-express Logistics Holdings (HKG:8620) Has A Fair Chunk Of Debt
Mar 09Recent updates
Asia-express Logistics Holdings Limited's (HKG:8620) Popularity With Investors Is Under Threat From Overpricing
Oct 12There's Reason For Concern Over Asia-express Logistics Holdings Limited's (HKG:8620) Price
Mar 14Benign Growth For Asia-express Logistics Holdings Limited (HKG:8620) Underpins Stock's 32% Plummet
Jul 28Estimating The Intrinsic Value Of Asia-express Logistics Holdings Limited (HKG:8620)
Jul 06Is Asia-express Logistics Holdings (HKG:8620) Using Debt In A Risky Way?
Mar 22Estimating The Fair Value Of Asia-express Logistics Holdings Limited (HKG:8620)
Oct 27We Think Asia-express Logistics Holdings (HKG:8620) Has A Fair Chunk Of Debt
Jul 05Asia-express Logistics Holdings (HKG:8620) Is Carrying A Fair Bit Of Debt
Mar 09Asia-express Logistics Holdings (HKG:8620) Is Carrying A Fair Bit Of Debt
Nov 24We Think Asia-express Logistics Holdings (HKG:8620) Has A Fair Chunk Of Debt
Aug 09We Think Asia-express Logistics Holdings (HKG:8620) Has A Fair Chunk Of Debt
Mar 09Asia-express Logistics Holdings (HKG:8620) Is Making Moderate Use Of Debt
Nov 24Financial Position Analysis
Short Term Liabilities: 8620's short term assets (HK$60.2M) do not cover its short term liabilities (HK$62.5M).
Long Term Liabilities: 8620's short term assets (HK$60.2M) exceed its long term liabilities (HK$12.9M).
Debt to Equity History and Analysis
Debt Level: 8620's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: 8620's debt to equity ratio has reduced from 44.3% to 40% 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: Whilst unprofitable 8620 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8620 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.9% per year.