Cornerstone Technologies Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Cornerstone Technologies Holdings has a total shareholder equity of HK$81.5M and total debt of HK$59.2M, which brings its debt-to-equity ratio to 72.7%. Its total assets and total liabilities are HK$221.0M and HK$139.5M respectively.
Key information
72.7%
Debt to equity ratio
HK$59.24m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$4.91m |
| Equity | HK$81.53m |
| Total liabilities | HK$139.48m |
| Total assets | HK$221.02m |
Recent financial health updates
Cornerstone Technologies Holdings (HKG:8391) Is Carrying A Fair Bit Of Debt
May 18
Here's Why Cornerstone Technologies Holdings (HKG:8391) Can Afford Some Debt
May 18Recent updates
The Price Is Right For Cornerstone Technologies Holdings Limited (HKG:8391)
Jul 25What You Can Learn From Cornerstone Technologies Holdings Limited's (HKG:8391) P/S
Mar 28Why Investors Shouldn't Be Surprised By Cornerstone Technologies Holdings Limited's (HKG:8391) P/S
Dec 26There's Reason For Concern Over Cornerstone Technologies Holdings Limited's (HKG:8391) Price
Jul 26Cornerstone Technologies Holdings (HKG:8391) Is Carrying A Fair Bit Of Debt
May 18Here's Why Cornerstone Technologies Holdings (HKG:8391) Can Afford Some Debt
May 18Financial Position Analysis
Short Term Liabilities: 8391's short term assets (HK$77.1M) exceed its short term liabilities (HK$66.3M).
Long Term Liabilities: 8391's short term assets (HK$77.1M) exceed its long term liabilities (HK$73.1M).
Debt to Equity History and Analysis
Debt Level: 8391's net debt to equity ratio (66.6%) is considered high.
Reducing Debt: 8391's debt to equity ratio has increased from 5.6% to 72.7% 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: 8391 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8391 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.