Asia-express Logistics Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Asia-express Logistics Holdings has a total shareholder equity of HK$43.5M and total debt of HK$17.1M, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are HK$131.9M and HK$88.4M respectively.
Key information
39.3%
Debt to equity ratio
HK$17.07m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$11.04m |
| Equity | HK$43.45m |
| Total liabilities | HK$88.45m |
| Total assets | HK$131.90m |
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
There'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$72.7M) exceed its short term liabilities (HK$71.3M).
Long Term Liabilities: 8620's short term assets (HK$72.7M) exceed its long term liabilities (HK$17.1M).
Debt to Equity History and Analysis
Debt Level: 8620's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: 8620's debt to equity ratio has increased from 21% to 39.3% 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 13.5% per year.