Volcano Spring International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Volcano Spring International Holdings has a total shareholder equity of CN¥58.2M and total debt of CN¥69.5M, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are CN¥165.7M and CN¥107.5M respectively.
Key information
119.4%
Debt to equity ratio
CN¥69.50m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥33.95m |
| Equity | CN¥58.21m |
| Total liabilities | CN¥107.53m |
| Total assets | CN¥165.74m |
Recent financial health updates
Miji International Holdings (HKG:1715) Is Making Moderate Use Of Debt
Apr 20
Is Miji International Holdings (HKG:1715) Using Too Much Debt?
Dec 08Health Check: How Prudently Does Miji International Holdings (HKG:1715) Use Debt?
Aug 23Is Miji International Holdings (HKG:1715) Using Too Much Debt?
Dec 20Is Miji International Holdings (HKG:1715) Using Too Much Debt?
Sep 06Recent updates
Volcano Spring International Holdings Limited (HKG:1715) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Apr 22Volcano Spring International Holdings Limited (HKG:1715) May Have Run Too Fast Too Soon With Recent 35% Price Plummet
Feb 23Volcano Spring International Holdings Limited's (HKG:1715) Business Is Trailing The Industry But Its Shares Aren't
Jan 09Miji International Holdings (HKG:1715) Is Making Moderate Use Of Debt
Apr 20Is Miji International Holdings (HKG:1715) Using Too Much Debt?
Dec 08Health Check: How Prudently Does Miji International Holdings (HKG:1715) Use Debt?
Aug 23Is Miji International Holdings (HKG:1715) Using Too Much Debt?
Dec 20Is Miji International Holdings (HKG:1715) Using Too Much Debt?
Sep 06A Look At The Fair Value Of Miji International Holdings Limited (HKG:1715)
Mar 04Financial Position Analysis
Short Term Liabilities: 1715's short term assets (CN¥135.1M) exceed its short term liabilities (CN¥102.2M).
Long Term Liabilities: 1715's short term assets (CN¥135.1M) exceed its long term liabilities (CN¥5.4M).
Debt to Equity History and Analysis
Debt Level: 1715's net debt to equity ratio (61.1%) is considered high.
Reducing Debt: 1715's debt to equity ratio has increased from 23.8% to 119.4% 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: Whilst unprofitable 1715 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1715 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.8% per year.