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 ratio | n/a |
| Cash | HK$12.96m |
| Equity | HK$594.00k |
| Total liabilities | HK$74.92m |
| Total assets | HK$75.51m |
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'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.