Virtual Mind Holding Balance Sheet Health
Financial Health criteria checks 5/6
Virtual Mind Holding has a total shareholder equity of HK$155.5M and total debt of HK$39.5M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are HK$247.4M and HK$91.9M respectively.
Key information
25.4%
Debt to equity ratio
HK$39.48m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$82.66m |
| Equity | HK$155.49m |
| Total liabilities | HK$91.93m |
| Total assets | HK$247.43m |
Recent financial health updates
Is Virtual Mind Holding (HKG:1520) Using Debt Sensibly?
Sep 03
Health Check: How Prudently Does Virtual Mind Holding (HKG:1520) Use Debt?
Sep 13Here's Why We're Not Too Worried About CEFC Hong Kong Financial Investment's (HKG:1520) Cash Burn Situation
Apr 27We're Hopeful That CEFC Hong Kong Financial Investment (HKG:1520) Will Use Its Cash Wisely
Jan 07
Recent updates
Is Virtual Mind Holding (HKG:1520) Using Debt Sensibly?
Sep 03Getting In Cheap On Virtual Mind Holding Company Limited (HKG:1520) Is Unlikely
Jan 04Health Check: How Prudently Does Virtual Mind Holding (HKG:1520) Use Debt?
Sep 13Lacklustre Performance Is Driving Virtual Mind Holding Company Limited's (HKG:1520) 28% Price Drop
Jun 15Here's Why We're Not Too Worried About CEFC Hong Kong Financial Investment's (HKG:1520) Cash Burn Situation
Apr 27We're Hopeful That CEFC Hong Kong Financial Investment (HKG:1520) Will Use Its Cash Wisely
Jan 07Financial Position Analysis
Short Term Liabilities: 1520's short term assets (HK$197.5M) exceed its short term liabilities (HK$90.5M).
Long Term Liabilities: 1520's short term assets (HK$197.5M) exceed its long term liabilities (HK$1.4M).
Debt to Equity History and Analysis
Debt Level: 1520 has more cash than its total debt.
Reducing Debt: 1520's debt to equity ratio has increased from 0% to 25.4% 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: 1520 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1520 has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 9% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:11 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Virtual Mind Holding Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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