Joy Spreader Group Balance Sheet Health
Financial Health criteria checks 6/6
Joy Spreader Group has a total shareholder equity of HK$1.2B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$1.4B and HK$240.3M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$274.81m |
| Equity | HK$1.19b |
| Total liabilities | HK$240.33m |
| Total assets | HK$1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5YN's short term assets (HK$1.3B) exceed its short term liabilities (HK$222.4M).
Long Term Liabilities: 5YN's short term assets (HK$1.3B) exceed its long term liabilities (HK$18.0M).
Debt to Equity History and Analysis
Debt Level: 5YN is debt free.
Reducing Debt: 5YN had no debt 5 years ago.
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: 5YN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 5YN has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 21.5% each year.