Royal Century Resources Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Royal Century Resources Holdings has a total shareholder equity of HK$41.8M and total debt of HK$5.0M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are HK$73.6M and HK$31.8M respectively.
Key information
12.0%
Debt to equity ratio
HK$5.00m
Debt
Interest coverage ratio | n/a |
Cash | HK$8.35m |
Equity | HK$41.84m |
Total liabilities | HK$31.76m |
Total assets | HK$73.60m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8125's short term assets (HK$56.7M) exceed its short term liabilities (HK$24.8M).
Long Term Liabilities: 8125's short term assets (HK$56.7M) exceed its long term liabilities (HK$6.9M).
Debt to Equity History and Analysis
Debt Level: 8125 has more cash than its total debt.
Reducing Debt: 8125's debt to equity ratio has increased from 0% to 12% 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: Whilst unprofitable 8125 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8125 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.3% per year.