Cornerstone Technologies Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Cornerstone Technologies Holdings has a total shareholder equity of HK$105.4M and total debt of HK$58.2M, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are HK$220.1M and HK$114.7M respectively.
Key information
55.2%
Debt to equity ratio
HK$58.25m
Debt
Interest coverage ratio | n/a |
Cash | HK$23.38m |
Equity | HK$105.44m |
Total liabilities | HK$114.70m |
Total assets | HK$220.14m |
Recent financial health updates
Cornerstone Technologies Holdings (HKG:8391) Is Carrying A Fair Bit Of Debt
May 18Here's Why Cornerstone Technologies Holdings (HKG:8391) Can Afford Some Debt
May 18Recent updates
What You Can Learn From Cornerstone Technologies Holdings Limited's (HKG:8391) P/S
Mar 28Why Investors Shouldn't Be Surprised By Cornerstone Technologies Holdings Limited's (HKG:8391) P/S
Dec 26There's Reason For Concern Over Cornerstone Technologies Holdings Limited's (HKG:8391) Price
Jul 26Cornerstone Technologies Holdings (HKG:8391) Is Carrying A Fair Bit Of Debt
May 18Here's Why Cornerstone Technologies Holdings (HKG:8391) Can Afford Some Debt
May 18Financial Position Analysis
Short Term Liabilities: 8391's short term assets (HK$94.8M) exceed its short term liabilities (HK$41.1M).
Long Term Liabilities: 8391's short term assets (HK$94.8M) exceed its long term liabilities (HK$73.6M).
Debt to Equity History and Analysis
Debt Level: 8391's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: 8391's debt to equity ratio has increased from 4.1% to 55.2% 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: Insufficient data to determine if 8391 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8391 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.