Quali-Smart Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Quali-Smart Holdings has a total shareholder equity of HK$120.2M and total debt of HK$36.7M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are HK$233.2M and HK$113.0M respectively.
Key information
30.5%
Debt to equity ratio
HK$36.66m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$67.66m |
| Equity | HK$120.20m |
| Total liabilities | HK$113.01m |
| Total assets | HK$233.21m |
Recent financial health updates
Health Check: How Prudently Does Quali-Smart Holdings (HKG:1348) Use Debt?
Mar 16
Here's Why Quali-Smart Holdings (HKG:1348) Can Afford Some Debt
Sep 16Quali-Smart Holdings (HKG:1348) Is Making Moderate Use Of Debt
Mar 12Is Quali-Smart Holdings (HKG:1348) Using Too Much Debt?
Nov 27
Recent updates
Quali-Smart Holdings Limited (HKG:1348) May Have Run Too Fast Too Soon With Recent 29% Price Plummet
Jan 22Risks Still Elevated At These Prices As Quali-Smart Holdings Limited (HKG:1348) Shares Dive 27%
Apr 19Health Check: How Prudently Does Quali-Smart Holdings (HKG:1348) Use Debt?
Mar 16Here's Why Quali-Smart Holdings (HKG:1348) Can Afford Some Debt
Sep 16Quali-Smart Holdings (HKG:1348) Is Making Moderate Use Of Debt
Mar 12Quali-Smart Holdings' (HKG:1348) Stock Price Has Reduced 67% In The Past Five Years
Feb 05Have Insiders Been Buying Quali-Smart Holdings Limited (HKG:1348) Shares This Year?
Jan 01Is Quali-Smart Holdings (HKG:1348) Using Too Much Debt?
Nov 27Financial Position Analysis
Short Term Liabilities: 1348's short term assets (HK$176.7M) exceed its short term liabilities (HK$61.4M).
Long Term Liabilities: 1348's short term assets (HK$176.7M) exceed its long term liabilities (HK$51.6M).
Debt to Equity History and Analysis
Debt Level: 1348 has more cash than its total debt.
Reducing Debt: 1348's debt to equity ratio has reduced from 47.6% to 30.5% 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 1348 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1348 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.1% per year.