Global Engine Group Holding Balance Sheet Health
Financial Health criteria checks 4/6
Global Engine Group Holding has a total shareholder equity of HK$14.2M and total debt of HK$42.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are HK$32.3M and HK$18.2M respectively. Global Engine Group Holding's EBIT is HK$2.9M making its interest coverage ratio -67.6. It has cash and short-term investments of HK$8.5M.
Key information
0.3%
Debt to equity ratio
HK$42.01k
Debt
| Interest coverage ratio | -67.6x |
| Cash | HK$8.48m |
| Equity | HK$14.15m |
| Total liabilities | HK$18.16m |
| Total assets | HK$32.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLE's short term assets (HK$26.1M) exceed its short term liabilities (HK$18.2M).
Long Term Liabilities: GLE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GLE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GLE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GLE's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: GLE earns more interest than it pays, so coverage of interest payments is not a concern.