Modern Innovative Digital Technology Balance Sheet Health
Financial Health criteria checks 6/6
Modern Innovative Digital Technology has a total shareholder equity of HK$713.5M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$771.7M and HK$58.2M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$111.19m |
| Equity | HK$713.48m |
| Total liabilities | HK$58.19m |
| Total assets | HK$771.66m |
Recent financial health updates
Recent updates
Hong Kong ChaoShang Group Limited's (HKG:2322) 38% Share Price Surge Not Quite Adding Up
Sep 18
Hong Kong ChaoShang Group Limited's (HKG:2322) 32% Share Price Surge Not Quite Adding Up
Jun 18Hong Kong ChaoShang Group Limited (HKG:2322) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Jan 08Hong Kong ChaoShang Group Limited's (HKG:2322) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 21Is Hong Kong ChaoShang Group (HKG:2322) In A Good Position To Deliver On Growth Plans?
Apr 20This Is The Reason Why We Think Hong Kong ChaoShang Group Limited's (HKG:2322) CEO Deserves A Bump Up To Their Compensation
Aug 24Calculating The Fair Value Of Hong Kong ChaoShang Group Limited (HKG:2322)
May 20Financial Position Analysis
Short Term Liabilities: 2322's short term assets (HK$598.5M) exceed its short term liabilities (HK$56.9M).
Long Term Liabilities: 2322's short term assets (HK$598.5M) exceed its long term liabilities (HK$1.3M).
Debt to Equity History and Analysis
Debt Level: 2322 is debt free.
Reducing Debt: 2322 has no debt compared to 5 years ago when its debt to equity ratio was 3.4%.
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: 2322 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2322 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 4.1% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:26 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Modern Innovative Digital Technology Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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