Ocean Star Technology Group Balance Sheet Health
Financial Health criteria checks 1/6
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 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 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 19Financial 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: Insufficient data to determine if 8297 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8297 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.