Anchorstone Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Anchorstone Holdings has a total shareholder equity of HK$35.2M and total debt of HK$59.6M, which brings its debt-to-equity ratio to 169.2%. Its total assets and total liabilities are HK$190.3M and HK$155.0M respectively.
Key information
169.2%
Debt to equity ratio
HK$59.64m
Debt
Interest coverage ratio | n/a |
Cash | HK$507.00k |
Equity | HK$35.25m |
Total liabilities | HK$155.03m |
Total assets | HK$190.27m |
Recent financial health updates
We Think Anchorstone Holdings (HKG:1592) Has A Fair Chunk Of Debt
Sep 21Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt
Sep 11Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt
Sep 07Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt
Apr 28Recent updates
We Think Anchorstone Holdings (HKG:1592) Has A Fair Chunk Of Debt
Sep 21Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt
Sep 11Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt
Sep 07Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt
Apr 28Introducing Anchorstone Holdings (HKG:1592), A Stock That Climbed 19% In The Last Year
Feb 17The Head of Business Development Department & Executive Director of Anchorstone Holdings Limited (HKG:1592), Wing Lui, Just Bought A Few More Shares
Dec 25Financial Position Analysis
Short Term Liabilities: 1592's short term assets (HK$189.4M) exceed its short term liabilities (HK$128.5M).
Long Term Liabilities: 1592's short term assets (HK$189.4M) exceed its long term liabilities (HK$26.5M).
Debt to Equity History and Analysis
Debt Level: 1592's net debt to equity ratio (167.8%) is considered high.
Reducing Debt: 1592's debt to equity ratio has increased from 78% to 169.2% 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 1592 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1592 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.5% per year.