Elegance Optical International Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Elegance Optical International Holdings has a total shareholder equity of HK$17.9M and total debt of HK$13.1M, which brings its debt-to-equity ratio to 73.4%. Its total assets and total liabilities are HK$91.8M and HK$73.9M respectively.
Key information
73.4%
Debt to equity ratio
HK$13.15m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$7.05m |
| Equity | HK$17.90m |
| Total liabilities | HK$73.92m |
| Total assets | HK$91.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5HW's short term assets (HK$37.7M) do not cover its short term liabilities (HK$72.8M).
Long Term Liabilities: 5HW's short term assets (HK$37.7M) exceed its long term liabilities (HK$1.1M).
Debt to Equity History and Analysis
Debt Level: 5HW's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: 5HW's debt to equity ratio has increased from 7% to 73.4% 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: 5HW has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 5HW has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.9% each year.