Ocean Star Technology Group Limited

SEHK:8297 Stock Report

Market Cap: HK$117.1m

Ocean Star Technology Group Balance Sheet Health

Financial Health criteria checks 5/6

Ocean Star Technology Group has a total shareholder equity of HK$594.0K and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$75.5M and HK$74.9M respectively.

Key information

0%

Debt to equity ratio

HK$0

Debt

Interest coverage ration/a
CashHK$12.96m
EquityHK$594.00k
Total liabilitiesHK$74.92m
Total assetsHK$75.51m

Recent financial health updates

Recent updates

Is Ocean Star Technology Group (HKG:8297) Using Debt In A Risky Way?

Mar 02
Is Ocean Star Technology Group (HKG:8297) Using Debt In A Risky Way?

We Think Ocean Star Technology Group (HKG:8297) Is Taking Some Risk With Its Debt

Mar 22
We Think Ocean Star Technology Group (HKG:8297) Is Taking Some Risk With Its Debt

Companies Like Ocean Star Technology Group (HKG:8297) Are In A Position To Invest In Growth

Dec 06
Companies Like Ocean Star Technology Group (HKG:8297) Are In A Position To Invest In Growth

The My Heart Bodibra Group (HKG:8297) Share Price Is Up 749% And Shareholders Are Delighted

Feb 19
The My Heart Bodibra Group (HKG:8297) Share Price Is Up 749% And Shareholders Are Delighted

Financial Position Analysis

Short Term Liabilities: 8297's short term assets (HK$52.8M) do not cover its short term liabilities (HK$72.4M).

Long Term Liabilities: 8297's short term assets (HK$52.8M) exceed its long term liabilities (HK$2.5M).


Debt to Equity History and Analysis

Debt Level: 8297 is debt free.

Reducing Debt: 8297 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: 8297 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 8297 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 12.6% each year.


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