OKG Technology Holdings Balance Sheet Health
Financial Health criteria checks 4/6
OKG Technology Holdings has a total shareholder equity of HK$198.9M and total debt of HK$715.0M, which brings its debt-to-equity ratio to 359.4%. Its total assets and total liabilities are HK$1.1B and HK$876.1M respectively. OKG Technology Holdings's EBIT is HK$4.3M making its interest coverage ratio 1.3. It has cash and short-term investments of HK$110.3M.
Key information
359.4%
Debt to equity ratio
HK$715.01m
Debt
| Interest coverage ratio | 1.3x |
| Cash | HK$110.26m |
| Equity | HK$198.92m |
| Total liabilities | HK$876.15m |
| Total assets | HK$1.08b |
Recent financial health updates
OKG Technology Holdings (HKG:1499) Seems To Be Using A Lot Of Debt
Feb 18
OKG Technology Holdings (HKG:1499) Takes On Some Risk With Its Use Of Debt
Sep 22OKG Technology Holdings (HKG:1499) Takes On Some Risk With Its Use Of Debt
Jan 28Here's Why OKG Technology Holdings (HKG:1499) Can Afford Some Debt
Jul 07Is OKG Technology Holdings (HKG:1499) Using Debt In A Risky Way?
Feb 09Health Check: How Prudently Does OKG Technology Holdings (HKG:1499) Use Debt?
Aug 09Recent updates
OKG Technology Holdings (HKG:1499) Seems To Be Using A Lot Of Debt
Feb 18Estimating The Intrinsic Value Of OKG Technology Holdings Limited (HKG:1499)
Jan 22OKG Technology Holdings (HKG:1499) Takes On Some Risk With Its Use Of Debt
Sep 22OKG Technology Holdings Limited's (HKG:1499) Business Is Yet to Catch Up With Its Share Price
Apr 17OKG Technology Holdings (HKG:1499) Takes On Some Risk With Its Use Of Debt
Jan 28Here's Why OKG Technology Holdings (HKG:1499) Can Afford Some Debt
Jul 07Is OKG Technology Holdings (HKG:1499) Using Debt In A Risky Way?
Feb 09Shareholders May Be Wary Of Increasing OKG Technology Holdings Limited's (HKG:1499) CEO Compensation Package
Aug 18Health Check: How Prudently Does OKG Technology Holdings (HKG:1499) Use Debt?
Aug 09Financial Position Analysis
Short Term Liabilities: 1499's short term assets (HK$1.1B) exceed its short term liabilities (HK$876.1M).
Long Term Liabilities: 1499's short term assets (HK$1.1B) exceed its long term liabilities (HK$60.0K).
Debt to Equity History and Analysis
Debt Level: 1499's net debt to equity ratio (304%) is considered high.
Reducing Debt: 1499's debt to equity ratio has increased from 39.9% to 359.4% 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: Whilst unprofitable 1499 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1499 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 37.7% per year.