Grand Talents Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Grand Talents Group Holdings has a total shareholder equity of HK$11.3M and total debt of HK$8.0M, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are HK$27.7M and HK$16.4M respectively.
Key information
70.6%
Debt to equity ratio
HK$7.95m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$851.00k |
| Equity | HK$11.27m |
| Total liabilities | HK$16.42m |
| Total assets | HK$27.68m |
Recent financial health updates
Recent updates
Most Shareholders Will Probably Find That The Compensation For Grand Talents Group Holdings Limited's (HKG:8516) CEO Is Reasonable
Jul 23
Don't Ignore The Fact That This Insider Just Sold Some Shares In Grand Talents Group Holdings Limited (HKG:8516)
Jan 13
What Kind Of Shareholders Hold The Majority In Grand Talents Group Holdings Limited's (HKG:8516) Shares?
Jan 05Would Grand Talents Group Holdings (HKG:8516) Be Better Off With Less Debt?
Dec 01Financial Position Analysis
Short Term Liabilities: 8516's short term assets (HK$26.9M) exceed its short term liabilities (HK$16.4M).
Long Term Liabilities: 8516's short term assets (HK$26.9M) exceed its long term liabilities (HK$38.0K).
Debt to Equity History and Analysis
Debt Level: 8516's net debt to equity ratio (63%) is considered high.
Reducing Debt: 8516's debt to equity ratio has increased from 28.9% to 70.6% 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: 8516 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8516 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.