Tai Kam Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tai Kam Holdings has a total shareholder equity of HK$71.9M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$99.0M and HK$27.1M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$25.83m |
| Equity | HK$71.88m |
| Total liabilities | HK$27.09m |
| Total assets | HK$98.96m |
Recent financial health updates
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 06Is Tai Kam Holdings (HKG:8321) Using Debt Sensibly?
Dec 23Does Tai Kam Holdings (HKG:8321) Have A Healthy Balance Sheet?
Aug 05Is Tai Kam Holdings (HKG:8321) A Risky Investment?
Jan 25
Recent updates
Estimating The Fair Value Of Tai Kam Holdings Limited (HKG:8321)
Apr 17Health Check: How Prudently Does Tai Kam Holdings (HKG:8321) Use Debt?
Dec 18Is Tai Kam Holdings (HKG:8321) Using Too Much Debt?
Aug 06Is Tai Kam Holdings (HKG:8321) Using Debt Sensibly?
Dec 23Does Tai Kam Holdings (HKG:8321) Have A Healthy Balance Sheet?
Aug 05Is Tai Kam Holdings (HKG:8321) A Risky Investment?
Jan 25Financial Position Analysis
Short Term Liabilities: 8321's short term assets (HK$92.3M) exceed its short term liabilities (HK$27.1M).
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 12.9%.
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 7.1% per year.