Coastal Greenland Balance Sheet Health
Financial Health criteria checks 6/6
Coastal Greenland has a total shareholder equity of HK$1.9B and total debt of HK$279.0M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are HK$5.8B and HK$3.9B respectively.
Key information
14.8%
Debt to equity ratio
HK$278.98m
Debt
Interest coverage ratio | n/a |
Cash | HK$13.36m |
Equity | HK$1.88b |
Total liabilities | HK$3.92b |
Total assets | HK$5.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGR0's short term assets (HK$5.0B) exceed its short term liabilities (HK$3.9B).
Long Term Liabilities: CGR0's short term assets (HK$5.0B) exceed its long term liabilities (HK$50.4M).
Debt to Equity History and Analysis
Debt Level: CGR0's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: CGR0's debt to equity ratio has reduced from 49.5% to 14.8% 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: Whilst unprofitable CGR0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CGR0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.3% per year.