Grand Talents Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Grand Talents Group Holdings has a total shareholder equity of HK$11.3M and total debt of HK$8.9M, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are HK$27.7M and HK$16.4M respectively.
Key information
79.3%
Debt to equity ratio
HK$8.94m
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
Don't Ignore The Fact That This Insider Just Sold Some Shares In Grand Talents Group Holdings Limited (HKG:8516)
Jan 13What 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 (71.8%) is considered high.
Reducing Debt: 8516's debt to equity ratio has increased from 28.9% to 79.3% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8516 has less than a year of cash runway if free cash flow continues to grow at historical rates of 23% each year.