Sky Light Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Sky Light Holdings has a total shareholder equity of HK$41.4M and total debt of HK$13.2M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are HK$258.4M and HK$217.0M respectively.
Key information
32.0%
Debt to equity ratio
HK$13.25m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$32.87m |
| Equity | HK$41.37m |
| Total liabilities | HK$217.01m |
| Total assets | HK$258.38m |
Recent financial health updates
Is Sky Light Holdings (HKG:3882) Using Debt In A Risky Way?
Aug 28
Is Sky Light Holdings (HKG:3882) Weighed On By Its Debt Load?
May 01Is Sky Light Holdings (HKG:3882) Using Debt Sensibly?
Aug 31Does Sky Light Holdings (HKG:3882) Have A Healthy Balance Sheet?
Oct 19Is Sky Light Holdings (HKG:3882) A Risky Investment?
May 14Recent updates
What Sky Light Holdings Limited's (HKG:3882) 80% Share Price Gain Is Not Telling You
Sep 14Is Sky Light Holdings (HKG:3882) Using Debt In A Risky Way?
Aug 28There's Reason For Concern Over Sky Light Holdings Limited's (HKG:3882) Massive 86% Price Jump
Jul 25Sky Light Holdings Limited (HKG:3882) May Have Run Too Fast Too Soon With Recent 29% Price Plummet
May 29Sky Light Holdings Limited's (HKG:3882) CEO Compensation Looks Acceptable To Us And Here's Why
May 23Is Sky Light Holdings (HKG:3882) Weighed On By Its Debt Load?
May 01There's Reason For Concern Over Sky Light Holdings Limited's (HKG:3882) Massive 46% Price Jump
Apr 10Optimistic Investors Push Sky Light Holdings Limited (HKG:3882) Shares Up 30% But Growth Is Lacking
Feb 22There's Reason For Concern Over Sky Light Holdings Limited's (HKG:3882) Massive 42% Price Jump
Dec 30Subdued Growth No Barrier To Sky Light Holdings Limited's (HKG:3882) Price
Sep 28Is Sky Light Holdings (HKG:3882) Using Debt Sensibly?
Aug 31Does Sky Light Holdings (HKG:3882) Have A Healthy Balance Sheet?
Oct 19Is Sky Light Holdings (HKG:3882) A Risky Investment?
May 14Trade Alert: The Chairman Of Sky Light Holdings Limited (HKG:3882), Wing Fong Tang, Has Just Spent HK$205k Buying A Few More Shares
Dec 05Here's What We Think About Sky Light Holdings' (HKG:3882) CEO Pay
Nov 25
Financial Position Analysis
Short Term Liabilities: 3882's short term assets (HK$210.2M) exceed its short term liabilities (HK$205.0M).
Long Term Liabilities: 3882's short term assets (HK$210.2M) exceed its long term liabilities (HK$12.0M).
Debt to Equity History and Analysis
Debt Level: 3882 has more cash than its total debt.
Reducing Debt: 3882's debt to equity ratio has increased from 7.4% to 32% 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 3882 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3882 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.2% per year.