Ev Dynamics (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
Ev Dynamics (Holdings) has a total shareholder equity of HK$1.2B and total debt of HK$22.2M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are HK$1.4B and HK$134.9M respectively.
Key information
1.8%
Debt to equity ratio
HK$22.17m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$42.85m |
| Equity | HK$1.22b |
| Total liabilities | HK$134.87m |
| Total assets | HK$1.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2908's short term assets (HK$121.7M) do not cover its short term liabilities (HK$128.5M).
Long Term Liabilities: 2908's short term assets (HK$121.7M) exceed its long term liabilities (HK$6.4M).
Debt to Equity History and Analysis
Debt Level: 2908 has more cash than its total debt.
Reducing Debt: 2908's debt to equity ratio has increased from 0% to 1.8% 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 2908 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2908 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.8% per year.