Reach New Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Reach New Holdings has a total shareholder equity of CN¥34.5M and total debt of CN¥1.5M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CN¥52.3M and CN¥17.8M respectively.
Key information
4.3%
Debt to equity ratio
CN¥1.50m
Debt
Interest coverage ratio | n/a |
Cash | CN¥15.84m |
Equity | CN¥34.52m |
Total liabilities | CN¥17.80m |
Total assets | CN¥52.32m |
Recent financial health updates
We're Not Very Worried About Reach New Holdings' (HKG:8471) Cash Burn Rate
Jul 14We're Not Very Worried About Reach New Holdings' (HKG:8471) Cash Burn Rate
Mar 17Recent updates
Reach New Holdings Limited's (HKG:8471) 62% Share Price Surge Not Quite Adding Up
Aug 23We're Not Very Worried About Reach New Holdings' (HKG:8471) Cash Burn Rate
Jul 14This Is Why Reach New Holdings Limited's (HKG:8471) CEO Compensation Looks Appropriate
Apr 26We're Not Very Worried About Reach New Holdings' (HKG:8471) Cash Burn Rate
Mar 17How Much Did Reach New Holdings' (HKG:8471) CEO Pocket Last Year?
Dec 01Financial Position Analysis
Short Term Liabilities: 8471's short term assets (CN¥49.9M) exceed its short term liabilities (CN¥15.1M).
Long Term Liabilities: 8471's short term assets (CN¥49.9M) exceed its long term liabilities (CN¥2.7M).
Debt to Equity History and Analysis
Debt Level: 8471 has more cash than its total debt.
Reducing Debt: 8471's debt to equity ratio has increased from 0% to 4.3% 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: 8471 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8471 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.1% each year
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/24 16:12 |
End of Day Share Price | 2024/12/24 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 * |
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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
Reach New 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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