Timeless Resources Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Timeless Resources Holdings has a total shareholder equity of HK$97.7M and total debt of HK$9.8M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are HK$122.5M and HK$24.8M respectively.
Key information
10.0%
Debt to equity ratio
HK$9.80m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$82.68m |
| Equity | HK$97.66m |
| Total liabilities | HK$24.82m |
| Total assets | HK$122.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLW0's short term assets (HK$91.2M) exceed its short term liabilities (HK$19.7M).
Long Term Liabilities: TLW0's short term assets (HK$91.2M) exceed its long term liabilities (HK$5.2M).
Debt to Equity History and Analysis
Debt Level: TLW0 has more cash than its total debt.
Reducing Debt: TLW0's debt to equity ratio has increased from 6.8% to 10% 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: TLW0 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TLW0 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 24.8% each year.