VPower Group International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
VPower Group International Holdings has a total shareholder equity of HK$1.7B and total debt of HK$2.4B, which brings its debt-to-equity ratio to 139.2%. Its total assets and total liabilities are HK$6.0B and HK$4.3B respectively.
Key information
139.2%
Debt to equity ratio
HK$2.37b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$253.22m |
| Equity | HK$1.71b |
| Total liabilities | HK$4.29b |
| Total assets | HK$6.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2V3's short term assets (HK$3.0B) do not cover its short term liabilities (HK$4.2B).
Long Term Liabilities: 2V3's short term assets (HK$3.0B) exceed its long term liabilities (HK$96.5M).
Debt to Equity History and Analysis
Debt Level: 2V3's net debt to equity ratio (124.4%) is considered high.
Reducing Debt: 2V3's debt to equity ratio has reduced from 154% to 139.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2V3 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2V3 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23% per year.