Prosperous Printing Financial Health
How is Prosperous Printing's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: 8385's short term assets (HK$155.8M) do not cover its short term liabilities (HK$248.4M).
Long Term Liabilities: 8385's short term assets (HK$155.8M) exceed its long term liabilities (HK$31.1M).
Debt to Equity History and Analysis
Debt Level: 8385's net debt to equity ratio (133.6%) is considered high.
Reducing Debt: 8385's debt to equity ratio has increased from 83.7% to 136.9% over the past 5 years.
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 8385 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8385 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24% per year.