Hong Kong Technology Venture Balance Sheet Health
Financial Health criteria checks 6/6
Hong Kong Technology Venture has a total shareholder equity of HK$2.1B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$3.5B and HK$1.3B respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$847.17m |
| Equity | HK$2.13b |
| Total liabilities | HK$1.33b |
| Total assets | HK$3.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XHN1's short term assets (HK$1.1B) exceed its short term liabilities (HK$1.0B).
Long Term Liabilities: XHN1's short term assets (HK$1.1B) exceed its long term liabilities (HK$303.7M).
Debt to Equity History and Analysis
Debt Level: XHN1 is debt free.
Reducing Debt: XHN1 has no debt compared to 5 years ago when its debt to equity ratio was 9.7%.
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 XHN1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: XHN1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.9% per year.