New Concepts Holdings Balance Sheet Health
Financial Health criteria checks 4/6
New Concepts Holdings has a total shareholder equity of HK$382.4M and total debt of HK$307.9M, which brings its debt-to-equity ratio to 80.5%. Its total assets and total liabilities are HK$993.0M and HK$610.6M respectively.
Key information
80.5%
Debt to equity ratio
HK$307.86m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$114.85m |
| Equity | HK$382.43m |
| Total liabilities | HK$610.57m |
| Total assets | HK$993.00m |
Recent financial health updates
Here's Why New Concepts Holdings (HKG:2221) Can Afford Some Debt
Mar 15
Does New Concepts Holdings (HKG:2221) Have A Healthy Balance Sheet?
Dec 09Is New Concepts Holdings (HKG:2221) Using Debt In A Risky Way?
Jan 05
Recent updates
New Concepts Holdings Limited's (HKG:2221) Popularity With Investors Under Threat As Stock Sinks 26%
Apr 24New Concepts Holdings Limited's (HKG:2221) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Mar 05More Unpleasant Surprises Could Be In Store For New Concepts Holdings Limited's (HKG:2221) Shares After Tumbling 37%
Jan 19A Look At The Fair Value Of New Concepts Holdings Limited (HKG:2221)
Jul 11New Concepts Holdings Limited's (HKG:2221) 25% Price Boost Is Out Of Tune With Revenues
Apr 17Estimating The Fair Value Of New Concepts Holdings Limited (HKG:2221)
Feb 04Estimating The Fair Value Of New Concepts Holdings Limited (HKG:2221)
Nov 02Here's Why New Concepts Holdings (HKG:2221) Can Afford Some Debt
Mar 15Does New Concepts Holdings (HKG:2221) Have A Healthy Balance Sheet?
Dec 09Estimating The Intrinsic Value Of New Concepts Holdings Limited (HKG:2221)
Apr 20Is New Concepts Holdings (HKG:2221) Using Debt In A Risky Way?
Jan 05Financial Position Analysis
Short Term Liabilities: 2221's short term assets (HK$347.9M) exceed its short term liabilities (HK$338.0M).
Long Term Liabilities: 2221's short term assets (HK$347.9M) exceed its long term liabilities (HK$272.6M).
Debt to Equity History and Analysis
Debt Level: 2221's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: 2221's debt to equity ratio has reduced from 147.4% to 80.5% 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: 2221 has sufficient cash runway for 12 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if 2221 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.