Neo-Concept International Group Holdings Balance Sheet Health

Financial Health criteria checks 0/6

Neo-Concept International Group Holdings has a total shareholder equity of HK$-2.4M and total debt of HK$30.8M, which brings its debt-to-equity ratio to -1288.5%. Its total assets and total liabilities are HK$90.6M and HK$93.0M respectively. Neo-Concept International Group Holdings's EBIT is HK$9.0M making its interest coverage ratio 1.6. It has cash and short-term investments of HK$5.8M.

Key information

-1,288.5%

Debt to equity ratio

HK$30.75m

Debt

Interest coverage ratio	1.6x
Cash	HK$5.85m
Equity	-HK$2.39m
Total liabilities	HK$93.00m
Total assets	HK$90.62m

Recent financial health updates

Recent updates

Neo-Concept International Group Holdings Limited (NASDAQ:NCI) Stock Rockets 99% As Investors Are Less Pessimistic Than Expected

Oct 22

Financial Position Analysis

Short Term Liabilities: NCI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: NCI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: NCI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: NCI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: NCI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: NCI's interest payments on its debt are not well covered by EBIT (1.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 16:03
End of Day Share Price	2024/12/19 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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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Industry and Sector Metrics

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Analyst Sources

Neo-Concept International Group 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