Asia Pioneer Entertainment Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Asia Pioneer Entertainment Holdings has a total shareholder equity of HK$16.3M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$36.0M and HK$19.7M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | n/a |
Cash | HK$12.28m |
Equity | HK$16.34m |
Total liabilities | HK$19.70m |
Total assets | HK$36.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8400's short term assets (HK$28.9M) exceed its short term liabilities (HK$16.2M).
Long Term Liabilities: 8400's short term assets (HK$28.9M) exceed its long term liabilities (HK$3.5M).
Debt to Equity History and Analysis
Debt Level: 8400 is debt free.
Reducing Debt: 8400 had no debt 5 years ago.
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 8400 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8400 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.7% per year.