China Sinostar Group Balance Sheet Health
Financial Health criteria checks 5/6
China Sinostar Group has a total shareholder equity of HK$196.6M and total debt of HK$27.5M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are HK$262.1M and HK$65.5M respectively.
Key information
14.0%
Debt to equity ratio
HK$27.45m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$6.35m |
| Equity | HK$196.59m |
| Total liabilities | HK$65.54m |
| Total assets | HK$262.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQKT's short term assets (HK$208.5M) exceed its short term liabilities (HK$65.3M).
Long Term Liabilities: SQKT's short term assets (HK$208.5M) exceed its long term liabilities (HK$237.0K).
Debt to Equity History and Analysis
Debt Level: SQKT's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: SQKT's debt to equity ratio has increased from 6.3% to 14% 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 SQKT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SQKT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39.9% per year.