Wisdomcome Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Wisdomcome Group Holdings has a total shareholder equity of HK$72.6M and total debt of HK$4.2M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are HK$86.9M and HK$14.3M respectively.
Key information
5.8%
Debt to equity ratio
HK$4.18m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$32.27m |
| Equity | HK$72.56m |
| Total liabilities | HK$14.29m |
| Total assets | HK$86.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8079's short term assets (HK$64.0M) exceed its short term liabilities (HK$13.9M).
Long Term Liabilities: 8079's short term assets (HK$64.0M) exceed its long term liabilities (HK$383.0K).
Debt to Equity History and Analysis
Debt Level: 8079 has more cash than its total debt.
Reducing Debt: 8079's debt to equity ratio has increased from 3.3% to 5.8% 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: 8079 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8079 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.7% each year