Luxey International (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
Luxey International (Holdings) has a total shareholder equity of HK$31.2M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$60.8M and HK$29.6M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$17.04m |
| Equity | HK$31.23m |
| Total liabilities | HK$29.60m |
| Total assets | HK$60.83m |
Financial Position Analysis
Short Term Liabilities: 8041's short term assets (HK$59.2M) exceed its short term liabilities (HK$29.6M).
Long Term Liabilities: 8041 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8041 is debt free.
Reducing Debt: 8041 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 8041 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8041 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 48.7% per year.