Kingbo Strike Balance Sheet Health
Financial Health criteria checks 5/6
Kingbo Strike has a total shareholder equity of HK$161.9M and total debt of HK$3.9M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are HK$237.1M and HK$75.2M respectively.
Key information
2.4%
Debt to equity ratio
HK$3.87m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$7.00m |
| Equity | HK$161.91m |
| Total liabilities | HK$75.22m |
| Total assets | HK$237.13m |
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'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$232.3M) exceed its short term liabilities (HK$73.6M).
Long Term Liabilities: 1421's short term assets (HK$232.3M) exceed its long term liabilities (HK$1.6M).
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 2.4% 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 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1421 is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.