China Best Group Holding Balance Sheet Health
Financial Health criteria checks 5/6
China Best Group Holding has a total shareholder equity of HK$758.1M and total debt of HK$333.2M, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are HK$1.7B and HK$964.9M respectively.
Key information
44.0%
Debt to equity ratio
HK$333.18m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$107.74m |
| Equity | HK$758.07m |
| Total liabilities | HK$964.87m |
| Total assets | HK$1.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFO3's short term assets (HK$1.1B) exceed its short term liabilities (HK$958.7M).
Long Term Liabilities: EFO3's short term assets (HK$1.1B) exceed its long term liabilities (HK$6.2M).
Debt to Equity History and Analysis
Debt Level: EFO3's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: EFO3's debt to equity ratio has increased from 0% to 44% 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: EFO3 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: EFO3 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 0.9% each year