Rich Goldman Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Rich Goldman Holdings has a total shareholder equity of HK$1.2B and total debt of HK$211.6M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are HK$1.5B and HK$340.3M respectively.
Key information
18.1%
Debt to equity ratio
HK$211.61m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$86.54m |
| Equity | HK$1.17b |
| Total liabilities | HK$340.32m |
| Total assets | HK$1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRU3's short term assets (HK$214.8M) exceed its short term liabilities (HK$193.6M).
Long Term Liabilities: MRU3's short term assets (HK$214.8M) exceed its long term liabilities (HK$146.8M).
Debt to Equity History and Analysis
Debt Level: MRU3's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: MRU3's debt to equity ratio has increased from 0% to 18.1% 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: MRU3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MRU3 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 40.3% each year.