Kingbo Strike Balance Sheet Health
Financial Health criteria checks 5/6
Kingbo Strike has a total shareholder equity of HK$151.7M and total debt of HK$3.8M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are HK$227.3M and HK$75.5M respectively.
Key information
2.5%
Debt to equity ratio
HK$3.76m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$25.02m |
| Equity | HK$151.74m |
| Total liabilities | HK$75.53m |
| Total assets | HK$227.28m |
Recent financial health updates
Here's Why Kingbo Strike (HKG:1421) Can Afford Some Debt
Mar 03
Kingbo Strike (HKG:1421) Is In A Good Position To Deliver On Growth Plans
May 01Recent updates
Kingbo Strike Limited (HKG:1421) Investors Are Less Pessimistic Than Expected
Jul 02Kingbo Strike Limited's (HKG:1421) Shares Climb 36% But Its Business Is Yet to Catch Up
Mar 18Some Confidence Is Lacking In Kingbo Strike Limited (HKG:1421) As Shares Slide 27%
Feb 02Some Confidence Is Lacking In Kingbo Strike Limited's (HKG:1421) P/S
Dec 18Kingbo Strike Limited's (HKG:1421) Popularity With Investors Under Threat As Stock Sinks 31%
Apr 17Here's Why Kingbo Strike (HKG:1421) Can Afford Some Debt
Mar 03Estimating The Intrinsic Value Of Kingbo Strike Limited (HKG:1421)
Oct 13Kingbo Strike (HKG:1421) Will Want To Turn Around Its Return Trends
Aug 18Kingbo Strike (HKG:1421) Is In A Good Position To Deliver On Growth Plans
May 01Here's What To Make Of Kingbo Strike's (HKG:1421) Returns On Capital
Feb 24Financial Position Analysis
Short Term Liabilities: 1421's short term assets (HK$219.5M) exceed its short term liabilities (HK$74.1M).
Long Term Liabilities: 1421's short term assets (HK$219.5M) exceed its long term liabilities (HK$1.5M).
Debt to Equity History and Analysis
Debt Level: 1421 has more cash than its total debt.
Reducing Debt: 1421's debt to equity ratio has increased from 0% to 2.5% 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: 1421 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1421 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 34% each year