Tesson Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Tesson Holdings has a total shareholder equity of HK$227.5M and total debt of HK$48.1M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are HK$599.0M and HK$371.5M respectively.
Key information
21.1%
Debt to equity ratio
HK$48.11m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$2.65m |
| Equity | HK$227.52m |
| Total liabilities | HK$371.51m |
| Total assets | HK$599.03m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1201's short term assets (HK$334.4M) do not cover its short term liabilities (HK$361.1M).
Long Term Liabilities: 1201's short term assets (HK$334.4M) exceed its long term liabilities (HK$10.4M).
Debt to Equity History and Analysis
Debt Level: 1201's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: 1201's debt to equity ratio has increased from 9.1% to 21.1% 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: 1201 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1201 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.