Prosperous Printing Balance Sheet Health
Financial Health criteria checks 3/6
Prosperous Printing has a total shareholder equity of HK$34.3M and total debt of HK$132.3M, which brings its debt-to-equity ratio to 386.3%. Its total assets and total liabilities are HK$233.8M and HK$199.5M respectively.
Key information
386.3%
Debt to equity ratio
HK$132.34m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$3.02m |
| Equity | HK$34.26m |
| Total liabilities | HK$199.52m |
| Total assets | HK$233.78m |
Recent financial health updates
Health Check: How Prudently Does Prosperous Printing (HKG:8385) Use Debt?
Aug 17
Does Prosperous Printing (HKG:8385) Have A Healthy Balance Sheet?
May 04Does Prosperous Printing (HKG:8385) Have A Healthy Balance Sheet?
Aug 15Is Prosperous Printing (HKG:8385) Using Too Much Debt?
Apr 04Does Prosperous Printing (HKG:8385) Have A Healthy Balance Sheet?
Sep 21Does Prosperous Printing (HKG:8385) Have A Healthy Balance Sheet?
Jun 08Recent updates
Health Check: How Prudently Does Prosperous Printing (HKG:8385) Use Debt?
Aug 17Does Prosperous Printing (HKG:8385) Have A Healthy Balance Sheet?
May 04Does Prosperous Printing (HKG:8385) Have A Healthy Balance Sheet?
Aug 15Is Prosperous Printing (HKG:8385) Using Too Much Debt?
Apr 04A Look At The Fair Value Of Prosperous Printing Company Limited (HKG:8385)
Nov 15Does Prosperous Printing (HKG:8385) Have A Healthy Balance Sheet?
Sep 21Does Prosperous Printing (HKG:8385) Have A Healthy Balance Sheet?
Jun 08Estimating The Intrinsic Value Of Prosperous Printing Company Limited (HKG:8385)
Feb 22Should You Be Impressed By Prosperous Printing's (HKG:8385) Returns on Capital?
Dec 29Estimating The Fair Value Of Prosperous Printing Company Limited (HKG:8385)
Nov 17Financial Position Analysis
Short Term Liabilities: 8385's short term assets (HK$53.7M) do not cover its short term liabilities (HK$177.4M).
Long Term Liabilities: 8385's short term assets (HK$53.7M) exceed its long term liabilities (HK$22.1M).
Debt to Equity History and Analysis
Debt Level: 8385's net debt to equity ratio (377.4%) is considered high.
Reducing Debt: 8385's debt to equity ratio has increased from 60.4% to 386.3% 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: 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 26.3% per year.