Tai Kam Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Tai Kam Holdings has a total shareholder equity of HK$64.8M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$83.9M and HK$19.1M respectively.

Key information

Debt to equity ratio

HK$0

Debt

Interest coverage ratio	n/a
Cash	HK$33.25m
Equity	HK$64.79m
Total liabilities	HK$19.12m
Total assets	HK$83.91m

Recent financial health updates

Recent updates

Estimating The Fair Value Of Tai Kam Holdings Limited (HKG:8321)

Apr 17

Health Check: How Prudently Does Tai Kam Holdings (HKG:8321) Use Debt?

Dec 18

Is Tai Kam Holdings (HKG:8321) Using Too Much Debt?

Aug 06

Is Tai Kam Holdings (HKG:8321) Using Debt Sensibly?

Dec 23

Does Tai Kam Holdings (HKG:8321) Have A Healthy Balance Sheet?

Aug 05

Is Tai Kam Holdings (HKG:8321) A Risky Investment?

Jan 25

Financial Position Analysis

Short Term Liabilities: 8321's short term assets (HK$80.1M) exceed its short term liabilities (HK$19.1M).

Long Term Liabilities: 8321 has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: 8321 is debt free.

Reducing Debt: 8321 has no debt compared to 5 years ago when its debt to equity ratio was 11.6%.

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 8321 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 8321 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18% per year.

Tai Kam Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Health Check: How Prudently Does Tai Kam Holdings (HKG:8321) Use Debt?

Is Tai Kam Holdings (HKG:8321) Using Too Much Debt?

Is Tai Kam Holdings (HKG:8321) Using Debt Sensibly?

Does Tai Kam Holdings (HKG:8321) Have A Healthy Balance Sheet?

Is Tai Kam Holdings (HKG:8321) A Risky Investment?

Recent updates

Tai Kam Holdings Limited, Annual General Meeting, Oct 28, 2024

Full year 2024 earnings released: HK$0.046 loss per share (vs HK$0.13 loss in FY 2023)

Tai Kam Holdings Limited to Report Fiscal Year 2024 Results on Jul 31, 2024

New minor risk - Financial data availability

Tai Kam Holdings Limited Company Secretary Changes

Now 23% overvalued

Estimating The Fair Value Of Tai Kam Holdings Limited (HKG:8321)

New major risk - Market cap size

Second quarter 2024 earnings released: HK$0.011 loss per share (vs HK$0.028 loss in 2Q 2023)

Tai Kam Holdings Limited to Report First Half, 2024 Results on Dec 15, 2023

Tai Kam Holdings Limited Announces Resignation of Lau Wang Lap as an Independent Non-Executive Director and the Chairman of the Audit Committee and the Member of the Audit Committee

New minor risk - Share price stability

Tai Kam Holdings Limited to Report Q1, 2024 Results on Sep 14, 2023

Tai Kam Holdings Limited, Annual General Meeting, Oct 27, 2023

Full year 2023 earnings released: HK$0.13 loss per share (vs HK$0.081 loss in FY 2022)

Third quarter 2023 earnings released: HK$0.062 loss per share (vs HK$0.012 profit in 3Q 2022)

Health Check: How Prudently Does Tai Kam Holdings (HKG:8321) Use Debt?

Second quarter 2023 earnings released: HK$0.028 loss per share (vs HK$0.016 loss in 2Q 2022)

Tai Kam Holdings Limited to Report First Half, 2023 Final Results on Dec 15, 2022

First quarter 2023 earnings released: HK$0.015 loss per share (vs HK$0.004 loss in 1Q 2022)

Tai Kam Holdings Limited to Report Q1, 2023 Results on Sep 14, 2022

Is Tai Kam Holdings (HKG:8321) Using Too Much Debt?

Full year 2022 earnings released

Tai Kam Holdings Limited, Annual General Meeting, Oct 28, 2022

Tai Kam Holdings Limited to Report Fiscal Year 2022 Results on Jul 29, 2022

Executive Director exercised options to buy HK$656k worth of stock.

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Tai Kam Holdings Limited to Report Nine Months, 2022 Results on Mar 16, 2022

Is Tai Kam Holdings (HKG:8321) Using Debt Sensibly?

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

First quarter 2022 earnings released: HK$0.004 loss per share (vs HK$0.008 loss in 1Q 2021)

Does Tai Kam Holdings (HKG:8321) Have A Healthy Balance Sheet?

Full year 2021 earnings released: HK$0.058 loss per share (vs HK$0.024 loss in FY 2020)

Third quarter 2021 earnings released: EPS HK$0.014 (vs HK$0.019 loss in 3Q 2020)

Tai Kam Holdings Limited to Report Nine Months, 2021 Results on Mar 15, 2021

New 90-day high: HK$0.32

Independent Non-Executive Director has left the company

Tai Kam Holdings Limited Announces Resignation of Yim Kin Ping as Independent Non-Executive Director

Is Tai Kam Holdings (HKG:8321) A Risky Investment?

New 90-day high: HK$0.25

New 90-day high: HK$0.22

Second quarter 2021 earnings released: HK$0.017 loss per share

Tai Kam Holdings Limited to Report First Half, 2021 Results on Dec 15, 2020

Tai Kam Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 3.36 million.

First quarter earnings released

Tai Kam Holdings Limited to Report Q1, 2021 Results on Sep 14, 2020

Tai Kam Holdings Limited to Report Fiscal Year 2020 Results on Jul 31, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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