IGG Balance Sheet Health
Financial Health criteria checks 6/6
IGG has a total shareholder equity of HK$2.7B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$3.7B and HK$962.7M respectively. IGG's EBIT is HK$703.0K making its interest coverage ratio -0. It has cash and short-term investments of HK$1.5B.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | -0.02x |
Cash | HK$1.49b |
Equity | HK$2.73b |
Total liabilities | HK$962.67m |
Total assets | HK$3.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IGGG.F's short term assets (HK$2.0B) exceed its short term liabilities (HK$931.1M).
Long Term Liabilities: IGGG.F's short term assets (HK$2.0B) exceed its long term liabilities (HK$31.5M).
Debt to Equity History and Analysis
Debt Level: IGGG.F is debt free.
Reducing Debt: IGGG.F has not had any debt for past 5 years.
Debt Coverage: IGGG.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IGGG.F has no debt, therefore coverage of interest payments is not a concern.