Sing Tao News Balance Sheet Health
Financial Health criteria checks 6/6
Sing Tao News has a total shareholder equity of HK$1.7B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$1.9B and HK$295.9M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$531.52m |
| Equity | HK$1.65b |
| Total liabilities | HK$295.94m |
| Total assets | HK$1.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PVGB's short term assets (HK$741.6M) exceed its short term liabilities (HK$155.8M).
Long Term Liabilities: PVGB's short term assets (HK$741.6M) exceed its long term liabilities (HK$140.1M).
Debt to Equity History and Analysis
Debt Level: PVGB is debt free.
Reducing Debt: PVGB has not had any debt for 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: Whilst unprofitable PVGB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PVGB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.6% per year.