Sky Light Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Sky Light Holdings has a total shareholder equity of HK$41.4M and total debt of HK$13.2M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are HK$258.4M and HK$217.0M respectively.
Key information
32.0%
Debt to equity ratio
HK$13.25m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$38.68m |
| Equity | HK$41.37m |
| Total liabilities | HK$217.01m |
| Total assets | HK$258.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 27L's short term assets (HK$210.2M) exceed its short term liabilities (HK$205.0M).
Long Term Liabilities: 27L's short term assets (HK$210.2M) exceed its long term liabilities (HK$12.0M).
Debt to Equity History and Analysis
Debt Level: 27L has more cash than its total debt.
Reducing Debt: 27L's debt to equity ratio has increased from 7.4% to 32% 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: 27L has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 27L has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 15.1% each year.