Ying Kee Tea House Group Balance Sheet Health
Financial Health criteria checks 2/6
Ying Kee Tea House Group has a total shareholder equity of HK$14.5M and total debt of HK$83.6M, which brings its debt-to-equity ratio to 577.6%. Its total assets and total liabilities are HK$107.2M and HK$92.7M respectively.
Key information
577.6%
Debt to equity ratio
HK$83.64m
Debt
Interest coverage ratio | n/a |
Cash | HK$1.06m |
Equity | HK$14.48m |
Total liabilities | HK$92.74m |
Total assets | HK$107.22m |
Recent financial health updates
Health Check: How Prudently Does Ying Kee Tea House Group (HKG:8241) Use Debt?
Jan 15Health Check: How Prudently Does Ying Kee Tea House Group (HKG:8241) Use Debt?
Aug 21Ying Kee Tea House Group (HKG:8241) Has Debt But No Earnings; Should You Worry?
Jul 28Is Ying Kee Tea House Group (HKG:8241) A Risky Investment?
Mar 04Is Ying Kee Tea House Group (HKG:8241) Weighed On By Its Debt Load?
Nov 19Ying Kee Tea House Group (HKG:8241) Has Debt But No Earnings; Should You Worry?
Jul 16Recent updates
Calculating The Intrinsic Value Of Ying Kee Tea House Group Limited (HKG:8241)
Mar 15Health Check: How Prudently Does Ying Kee Tea House Group (HKG:8241) Use Debt?
Jan 15A Look At The Fair Value Of Ying Kee Tea House Group Limited (HKG:8241)
Nov 24Health Check: How Prudently Does Ying Kee Tea House Group (HKG:8241) Use Debt?
Aug 21Ying Kee Tea House Group (HKG:8241) Has Debt But No Earnings; Should You Worry?
Jul 28Is Ying Kee Tea House Group (HKG:8241) A Risky Investment?
Mar 04Is Ying Kee Tea House Group (HKG:8241) Weighed On By Its Debt Load?
Nov 19Ying Kee Tea House Group (HKG:8241) Has Debt But No Earnings; Should You Worry?
Jul 16Financial Position Analysis
Short Term Liabilities: 8241's short term assets (HK$11.7M) do not cover its short term liabilities (HK$20.5M).
Long Term Liabilities: 8241's short term assets (HK$11.7M) do not cover its long term liabilities (HK$72.3M).
Debt to Equity History and Analysis
Debt Level: 8241's net debt to equity ratio (570.2%) is considered high.
Reducing Debt: 8241's debt to equity ratio has increased from 0% to 577.6% 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 8241 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8241 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.9% per year.