China Sinostar Group Balance Sheet Health
Financial Health criteria checks 6/6
China Sinostar Group has a total shareholder equity of HK$211.3M and total debt of HK$27.2M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are HK$275.6M and HK$64.2M respectively.
Key information
12.9%
Debt to equity ratio
HK$27.17m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$25.15m |
| Equity | HK$211.35m |
| Total liabilities | HK$64.24m |
| Total assets | HK$275.59m |
Recent financial health updates
Is China Sinostar Group (HKG:485) A Risky Investment?
Aug 17
Is China Sinostar Group (HKG:485) Using Debt In A Risky Way?
Mar 17China Sinostar Group (HKG:485) Has Debt But No Earnings; Should You Worry?
Feb 26Here's Why China Sinostar Group (HKG:485) Can Afford Some Debt
Jan 06
Recent updates
Is China Sinostar Group (HKG:485) A Risky Investment?
Aug 17Is China Sinostar Group (HKG:485) Using Debt In A Risky Way?
Mar 17China Sinostar Group (HKG:485) Has Debt But No Earnings; Should You Worry?
Feb 26How Many China Sinostar Group Company Limited (HKG:485) Shares Have Insiders Sold, In The Last Year?
Feb 10Here's Why China Sinostar Group (HKG:485) Can Afford Some Debt
Jan 06Financial Position Analysis
Short Term Liabilities: 485's short term assets (HK$214.1M) exceed its short term liabilities (HK$64.2M).
Long Term Liabilities: 485 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 485's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: 485's debt to equity ratio has reduced from 16.6% to 12.9% 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: Whilst unprofitable 485 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 485 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.7% per year.