Flat Glass Group Co., Ltd. (HKG:6865) saw a sharp decline of 5.04% in its stock price during Wednesday's intraday trading session, as investors reacted to concerns over the company's debt levels and potential financial risks.
According to a recent analysis, Flat Glass Group has accumulated substantial debt, with its net debt standing at 1.8 times its earnings before interest, tax, depreciation, and amortization (EBITDA). While this level of debt may not immediately alarm investors, the company's interest coverage ratio of only 6.6 times its earnings before interest and tax (EBIT) raises questions about its ability to service its debt obligations comfortably.
Furthermore, the analysis highlighted Flat Glass Group's declining earnings and negative free cash flow over the past year, which could exacerbate the company's debt management challenges. These financial indicators suggest potential risks and have likely contributed to the stock's plummet.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。