Speedy Global Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Speedy Global Holdings has a total shareholder equity of HK$69.5M and total debt of HK$96.5M, which brings its debt-to-equity ratio to 138.8%. Its total assets and total liabilities are HK$261.0M and HK$191.4M respectively.
Key information
138.8%
Debt to equity ratio
HK$96.51m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$127.12m |
| Equity | HK$69.54m |
| Total liabilities | HK$191.43m |
| Total assets | HK$260.96m |
Recent financial health updates
These 4 Measures Indicate That Speedy Global Holdings (HKG:540) Is Using Debt Reasonably Well
Sep 18
Health Check: How Prudently Does Speedy Global Holdings (HKG:540) Use Debt?
Oct 03Speedy Global Holdings (HKG:540) Has Debt But No Earnings; Should You Worry?
Sep 08Recent updates
These 4 Measures Indicate That Speedy Global Holdings (HKG:540) Is Using Debt Reasonably Well
Sep 18A Look At The Fair Value Of Speedy Global Holdings Limited (HKG:540)
Jun 19Calculating The Fair Value Of Speedy Global Holdings Limited (HKG:540)
Feb 11Health Check: How Prudently Does Speedy Global Holdings (HKG:540) Use Debt?
Oct 03Speedy Global Holdings (HKG:540) Has Debt But No Earnings; Should You Worry?
Sep 08Capital Allocation Trends At Speedy Global Holdings (HKG:540) Aren't Ideal
Mar 30What Can We Conclude About Speedy Global Holdings' (HKG:540) CEO Pay?
Dec 15Financial Position Analysis
Short Term Liabilities: 540's short term assets (HK$249.0M) exceed its short term liabilities (HK$190.2M).
Long Term Liabilities: 540's short term assets (HK$249.0M) exceed its long term liabilities (HK$1.2M).
Debt to Equity History and Analysis
Debt Level: 540 has more cash than its total debt.
Reducing Debt: 540's debt to equity ratio has increased from 29.8% to 138.8% 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 540 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 540 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.3% per year.