RC365 Holding Balance Sheet Health
Financial Health criteria checks 4/6
RC365 Holding has a total shareholder equity of HK$31.6M and total debt of HK$39.9M, which brings its debt-to-equity ratio to 126.5%. Its total assets and total liabilities are HK$86.7M and HK$55.1M respectively.
Key information
126.5%
Debt to equity ratio
HK$39.94m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$23.32m |
| Equity | HK$31.58m |
| Total liabilities | HK$55.09m |
| Total assets | HK$86.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L2G's short term assets (HK$58.2M) exceed its short term liabilities (HK$55.0M).
Long Term Liabilities: L2G's short term assets (HK$58.2M) exceed its long term liabilities (HK$136.0K).
Debt to Equity History and Analysis
Debt Level: L2G's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: Insufficient data to determine if L2G's debt to equity ratio has reduced 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 L2G has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: L2G is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.4% per year.