Virtual Mind Holding Balance Sheet Health
Financial Health criteria checks 3/6
Virtual Mind Holding has a total shareholder equity of HK$148.7M and total debt of HK$29.7M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are HK$214.2M and HK$65.5M respectively.
Key information
19.9%
Debt to equity ratio
HK$29.65m
Debt
Interest coverage ratio | n/a |
Cash | HK$68.85m |
Equity | HK$148.71m |
Total liabilities | HK$65.47m |
Total assets | HK$214.19m |
Recent financial health updates
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 07Recent updates
Getting 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$162.9M) exceed its short term liabilities (HK$39.0M).
Long Term Liabilities: 1520's short term assets (HK$162.9M) exceed its long term liabilities (HK$26.4M).
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 19.9% 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 1520 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1520 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.