Hands Form Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Hands Form Holdings has a total shareholder equity of HK$53.2M and total debt of HK$9.6M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are HK$71.8M and HK$18.6M respectively.

Key information

18.1%

Debt to equity ratio

HK$9.62m

Debt

Interest coverage ratio	n/a
Cash	HK$18.60m
Equity	HK$53.17m
Total liabilities	HK$18.59m
Total assets	HK$71.76m

Recent financial health updates

Recent updates

Hands Form Holdings Limited (HKG:1920) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Mar 27

Unpleasant Surprises Could Be In Store For Hands Form Holdings Limited's (HKG:1920) Shares

Jan 02

Here's Why Hands Form Holdings (HKG:1920) Can Afford Some Debt

May 06

Would Hands Form Holdings (HKG:1920) Be Better Off With Less Debt?

Sep 06

We Think Hands Form Holdings (HKG:1920) Has A Fair Chunk Of Debt

Apr 13

Are Hands Form Holdings' (HKG:1920) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Feb 19

Hands Form Holdings (HKG:1920) Share Prices Have Dropped 17% In The Last Year

Jan 15

Could The Market Be Wrong About Hands Form Holdings Limited (HKG:1920) Given Its Attractive Financial Prospects?

Dec 10

Financial Position Analysis

Short Term Liabilities: 1920's short term assets (HK$64.1M) exceed its short term liabilities (HK$18.6M).

Long Term Liabilities: 1920 has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: 1920 has more cash than its total debt.

Reducing Debt: 1920's debt to equity ratio has reduced from 27.3% to 18.1% 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: 1920 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 1920 has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 22.5% each year.

Hands Form Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Here's Why Hands Form Holdings (HKG:1920) Can Afford Some Debt

Would Hands Form Holdings (HKG:1920) Be Better Off With Less Debt?

We Think Hands Form Holdings (HKG:1920) Has A Fair Chunk Of Debt

Recent updates

Hands Form Holdings Limited, Annual General Meeting, Jun 28, 2024

Hands Form Holdings Limited (HKG:1920) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Full year 2023 earnings released: HK$0.17 loss per share (vs HK$0.20 loss in FY 2022)

Hands Form Holdings Limited to Report Fiscal Year 2023 Results on Mar 26, 2024

Unpleasant Surprises Could Be In Store For Hands Form Holdings Limited's (HKG:1920) Shares

First half 2023 earnings released: HK$0.074 loss per share (vs HK$0.13 loss in 1H 2022)

New major risk - Financial position

Hands Form Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023

New minor risk - Share price stability

Full year 2022 earnings released: HK$0.019 loss per share (vs HK$0.032 loss in FY 2021)

Now 23% undervalued after recent price drop

First half 2022 earnings released: HK$0.013 loss per share (vs HK$0.004 loss in 1H 2021)

First half 2022 earnings released: HK$0.013 loss per share (vs HK$0.004 loss in 1H 2021)

Hands Form Holdings Limited to Report First Half, 2022 Results on Aug 26, 2022

Hands Form Holdings Limited Announces Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

Hands Form Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 15.6 million.

Here's Why Hands Form Holdings (HKG:1920) Can Afford Some Debt

Hands Form Holdings Limited, Annual General Meeting, Jun 24, 2022

Hands Form Holdings Limited Announces Management Changes

Full year 2021 earnings released: HK$0.032 loss per share (vs HK$0.003 profit in FY 2020)

Hands Form Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ending December 31, 2021

Would Hands Form Holdings (HKG:1920) Be Better Off With Less Debt?

First half 2021 earnings released: HK$0.004 loss per share (vs HK$0.004 profit in 1H 2020)

Non Executive Director Kan Kin Chong has left the company

We Think Hands Form Holdings (HKG:1920) Has A Fair Chunk Of Debt

Full year 2020 earnings released: EPS HK$0.003 (vs HK$0.016 in FY 2019)

Hands Form Holdings Limited to Report Fiscal Year 2020 Results on Mar 24, 2021

Are Hands Form Holdings' (HKG:1920) Statutory Earnings A Good Reflection Of Its Earnings Potential?

New 90-day high: HK$0.25

Hands Form Holdings (HKG:1920) Share Prices Have Dropped 17% In The Last Year

Could The Market Be Wrong About Hands Form Holdings Limited (HKG:1920) Given Its Attractive Financial Prospects?

First half earnings released

First half earnings released

Hands Form Holdings Limited to Report First Half, 2020 Results on Aug 28, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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