EverChina Int'l Holdings Balance Sheet Health
Financial Health criteria checks 5/6
EverChina Int'l Holdings has a total shareholder equity of HK$1.3B and total debt of HK$254.9M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are HK$1.7B and HK$454.6M respectively.
Key information
19.9%
Debt to equity ratio
HK$254.86m
Debt
Interest coverage ratio | n/a |
Cash | HK$72.29m |
Equity | HK$1.28b |
Total liabilities | HK$454.63m |
Total assets | HK$1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICHA's short term assets (HK$127.7M) do not cover its short term liabilities (HK$393.6M).
Long Term Liabilities: ICHA's short term assets (HK$127.7M) exceed its long term liabilities (HK$61.0M).
Debt to Equity History and Analysis
Debt Level: ICHA's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: ICHA's debt to equity ratio has reduced from 37.5% to 19.9% 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 ICHA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ICHA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.8% per year.