Glory Flame Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Glory Flame Holdings has a total shareholder equity of HK$-15.8M and total debt of HK$79.7M, which brings its debt-to-equity ratio to -504.6%. Its total assets and total liabilities are HK$110.2M and HK$126.0M respectively.
Key information
-504.6%
Debt to equity ratio
HK$79.68m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$32.79m |
| Equity | -HK$15.79m |
| Total liabilities | HK$125.97m |
| Total assets | HK$110.18m |
Recent financial health updates
Is Glory Flame Holdings (HKG:8059) Using Debt Sensibly?
Apr 08
Is Glory Flame Holdings (HKG:8059) Using Too Much Debt?
Dec 17We Think Glory Flame Holdings (HKG:8059) Has A Fair Chunk Of Debt
Aug 26Would Glory Flame Holdings (HKG:8059) Be Better Off With Less Debt?
Apr 05Recent updates
Glory Flame Holdings Limited's (HKG:8059) 30% Price Boost Is Out Of Tune With Revenues
Sep 09Glory Flame Holdings Limited's (HKG:8059) Popularity With Investors Is Clear
Jul 19Glory Flame Holdings Limited (HKG:8059) Stock's 32% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Feb 23Investors Continue Waiting On Sidelines For Glory Flame Holdings Limited (HKG:8059)
Jan 02Calculating The Intrinsic Value Of Glory Flame Holdings Limited (HKG:8059)
Jun 24Is Glory Flame Holdings (HKG:8059) Using Debt Sensibly?
Apr 08Is Glory Flame Holdings (HKG:8059) Using Too Much Debt?
Dec 17We Think Glory Flame Holdings (HKG:8059) Has A Fair Chunk Of Debt
Aug 26Would Glory Flame Holdings (HKG:8059) Be Better Off With Less Debt?
Apr 05Financial Position Analysis
Short Term Liabilities: 8059 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8059 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8059 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 8059's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 8059 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8059 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.4% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 19:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Glory Flame Holdings 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 |
|---|