Harbour Equine Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Harbour Equine Holdings has a total shareholder equity of HK$4.3M and total debt of HK$26.1M, which brings its debt-to-equity ratio to 603.6%. Its total assets and total liabilities are HK$57.6M and HK$53.2M respectively.
Key information
603.6%
Debt to equity ratio
HK$26.13m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$9.46m |
| Equity | HK$4.33m |
| Total liabilities | HK$53.24m |
| Total assets | HK$57.57m |
Recent financial health updates
Here's Why Harbour Equine Holdings (HKG:8377) Can Afford Some Debt
Dec 12
Does Harbour Equine Holdings (HKG:8377) Have A Healthy Balance Sheet?
Aug 22Would Harbour Equine Holdings (HKG:8377) Be Better Off With Less Debt?
Mar 30Shen You Holdings (HKG:8377) Has Debt But No Earnings; Should You Worry?
Oct 14Recent updates
Here's Why Harbour Equine Holdings (HKG:8377) Can Afford Some Debt
Dec 12Harbour Equine Holdings Limited's (HKG:8377) CEO Will Probably Find It Hard To See A Huge Raise This Year
May 30Investors Still Aren't Entirely Convinced By Harbour Equine Holdings Limited's (HKG:8377) Revenues Despite 29% Price Jump
Mar 22Positive Sentiment Still Eludes Harbour Equine Holdings Limited (HKG:8377) Following 30% Share Price Slump
Jan 26Positive Sentiment Still Eludes Harbour Equine Holdings Limited (HKG:8377) Following 32% Share Price Slump
Sep 21Does Harbour Equine Holdings (HKG:8377) Have A Healthy Balance Sheet?
Aug 22Would Harbour Equine Holdings (HKG:8377) Be Better Off With Less Debt?
Mar 30Shen You Holdings (HKG:8377) Has Debt But No Earnings; Should You Worry?
Oct 14We Think Some Shareholders May Hesitate To Increase Shen You Holdings Limited's (HKG:8377) CEO Compensation
Apr 30Does Shen You Holdings' (HKG:8377) CEO Salary Compare Well With The Performance Of The Company?
Dec 16Financial Position Analysis
Short Term Liabilities: 8377's short term assets (HK$39.3M) do not cover its short term liabilities (HK$51.8M).
Long Term Liabilities: 8377's short term assets (HK$39.3M) exceed its long term liabilities (HK$1.4M).
Debt to Equity History and Analysis
Debt Level: 8377's net debt to equity ratio (385%) is considered high.
Reducing Debt: 8377's debt to equity ratio has increased from 32.4% to 603.6% over the past 5 years.
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 8377 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8377 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 19:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Harbour Equine Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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