China Apex Group Balance Sheet Health
Financial Health criteria checks 6/6
China Apex Group has a total shareholder equity of HK$133.5M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$278.1M and HK$144.6M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$63.90m |
| Equity | HK$133.46m |
| Total liabilities | HK$144.64m |
| Total assets | HK$278.10m |
Recent financial health updates
We're Not Worried About China Apex Group's (HKG:2011) Cash Burn
Dec 06
China Apex Group (HKG:2011) Is In A Strong Position To Grow Its Business
Jan 07Recent updates
Optimistic Investors Push China Apex Group Limited (HKG:2011) Shares Up 45% But Growth Is Lacking
Mar 19China Apex Group Limited's (HKG:2011) 29% Share Price Surge Not Quite Adding Up
Dec 28We're Not Worried About China Apex Group's (HKG:2011) Cash Burn
Dec 06China Apex Group Limited's (HKG:2011) Shares Climb 32% But Its Business Is Yet to Catch Up
Apr 17Returns At China Apex Group (HKG:2011) Are On The Way Up
Apr 02China Apex Group (HKG:2011) Is In A Strong Position To Grow Its Business
Jan 07Financial Position Analysis
Short Term Liabilities: 2011's short term assets (HK$194.7M) exceed its short term liabilities (HK$87.1M).
Long Term Liabilities: 2011's short term assets (HK$194.7M) exceed its long term liabilities (HK$57.6M).
Debt to Equity History and Analysis
Debt Level: 2011 is debt free.
Reducing Debt: 2011 had no debt 5 years ago.
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 2011 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2011 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.4% per year.