Hingtex Holdings Ltd
HKEX:1968
Bankruptcy Probability
Hingtex Holdings Ltd's probability of bankruptcy is 2.3%, pointing to a small but noticeable default risk. The solvency score is 61/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Hingtex Holdings Ltd Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CN |
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Hingtex Holdings Ltd
HKEX:1968
|
130.6m HKD |
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| HK |
C
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Cecep Costin New Materials Group Ltd
HKEX:2228
|
39.9B HKD |
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| CN |
S
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Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
|
33.8B CNY |
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| CN |
H
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Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
|
28.8B CNY |
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| TW |
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Eclat Textile Co Ltd
TWSE:1476
|
104.8B TWD |
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| IN |
S
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Spentex Industries Ltd
NSE:SPENTEX
|
291.1B INR |
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| IN |
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Sumeet Industries Ltd
NSE:SUMEETINDS
|
260B INR |
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| CN |
W
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Weiqiao Textile Co Ltd
HKEX:2698
|
18.7B HKD |
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| UK |
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Coats Group PLC
LSE:COA
|
1.7B GBP |
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| CN |
D
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Deyun Holding Ltd
HKEX:1440
|
16B HKD |
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| TW |
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Ruentex Industries Ltd
TWSE:2915
|
55.2B TWD |
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Hingtex Holdings Ltd's probability of bankruptcy is 2.3%, pointing to a small but noticeable default risk.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Hingtex Holdings Ltd has total debt of 29m HKD. This includes both short-term (29m HKD) and long-term (0 HKD) debt.
You can find a full breakdown on its Balance Sheet.