RC365 Holding Balance Sheet Health
Financial Health criteria checks 5/6
RC365 Holding has a total shareholder equity of HK$12.7M and total debt of HK$4.9M, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are HK$38.0M and HK$25.3M respectively.
Key information
38.9%
Debt to equity ratio
HK$4.92m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$25.39m |
| Equity | HK$12.65m |
| Total liabilities | HK$25.34m |
| Total assets | HK$37.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCGH's short term assets (HK$28.9M) exceed its short term liabilities (HK$24.8M).
Long Term Liabilities: RCGH's short term assets (HK$28.9M) exceed its long term liabilities (HK$547.5K).
Debt to Equity History and Analysis
Debt Level: RCGH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RCGH'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 RCGH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RCGH is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 60.8% per year.