Hao Bai International (Cayman) Balance Sheet Health
Financial Health criteria checks 2/6
Hao Bai International (Cayman) has a total shareholder equity of HK$10.4M and total debt of HK$27.5M, which brings its debt-to-equity ratio to 264.9%. Its total assets and total liabilities are HK$112.0M and HK$101.7M respectively. Hao Bai International (Cayman)'s EBIT is HK$601.0K making its interest coverage ratio 1.9. It has cash and short-term investments of HK$221.0K.
Key information
264.9%
Debt to equity ratio
HK$27.52m
Debt
| Interest coverage ratio | 1.9x |
| Cash | HK$221.00k |
| Equity | HK$10.39m |
| Total liabilities | HK$101.65m |
| Total assets | HK$112.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8431's short term assets (HK$104.5M) exceed its short term liabilities (HK$100.9M).
Long Term Liabilities: 8431's short term assets (HK$104.5M) exceed its long term liabilities (HK$712.0K).
Debt to Equity History and Analysis
Debt Level: 8431's net debt to equity ratio (262.8%) is considered high.
Reducing Debt: 8431's debt to equity ratio has increased from 52.6% to 264.9% 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: 8431 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8431 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.2% each year