Asia-express Logistics Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Asia-express Logistics Holdings has a total shareholder equity of HK$37.8M and total debt of HK$13.0M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are HK$113.5M and HK$75.7M respectively.
Key information
34.4%
Debt to equity ratio
HK$13.00m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$9.92m |
| Equity | HK$37.78m |
| Total liabilities | HK$75.67m |
| Total assets | HK$113.45m |
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$65.8M) exceed its short term liabilities (HK$62.5M).
Long Term Liabilities: 8620's short term assets (HK$65.8M) exceed its long term liabilities (HK$13.2M).
Debt to Equity History and Analysis
Debt Level: 8620's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 8620's debt to equity ratio has reduced from 61.4% to 34.4% 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 40.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 09:43 |
| End of Day Share Price | 2025/01/21 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Asia-express Logistics Holdings 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 |
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