Wisdomcome Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Wisdomcome Group Holdings has a total shareholder equity of HK$169.1M and total debt of HK$1.2M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are HK$189.5M and HK$20.4M respectively.
Key information
0.7%
Debt to equity ratio
HK$1.20m
Debt
Interest coverage ratio | n/a |
Cash | HK$75.84m |
Equity | HK$169.07m |
Total liabilities | HK$20.45m |
Total assets | HK$189.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8079's short term assets (HK$122.9M) exceed its short term liabilities (HK$20.4M).
Long Term Liabilities: 8079 has no long term liabilities.
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 reduced from 5.4% to 0.7% 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 3 years based on its current free cash flow.
Forecast Cash Runway: 8079 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 24.8% each year.