Ocean Star Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Ocean Star Technology Group has a total shareholder equity of HK$-9.1M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$59.4M and HK$68.5M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$5.74m |
| Equity | -HK$9.07m |
| Total liabilities | HK$68.46m |
| Total assets | HK$59.38m |
Recent financial health updates
Is Ocean Star Technology Group (HKG:8297) Using Debt In A Risky Way?
Mar 02
We Think Ocean Star Technology Group (HKG:8297) Is Taking Some Risk With Its Debt
Mar 22Companies Like Ocean Star Technology Group (HKG:8297) Are In A Position To Invest In Growth
Dec 06Recent updates
Is Ocean Star Technology Group (HKG:8297) Using Debt In A Risky Way?
Mar 02We Think Ocean Star Technology Group (HKG:8297) Is Taking Some Risk With Its Debt
Mar 22Companies Like Ocean Star Technology Group (HKG:8297) Are In A Position To Invest In Growth
Dec 06The My Heart Bodibra Group (HKG:8297) Share Price Is Up 749% And Shareholders Are Delighted
Feb 19
Financial Position Analysis
Short Term Liabilities: 8297 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8297 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8297 is debt free.
Reducing Debt: 8297's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: 8297 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8297 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.