Winning Tower Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Winning Tower Group Holdings has a total shareholder equity of HK$86.9M and total debt of HK$9.4M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are HK$120.6M and HK$33.8M respectively.
Key information
10.8%
Debt to equity ratio
HK$9.40m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$10.28m |
| Equity | HK$86.86m |
| Total liabilities | HK$33.77m |
| Total assets | HK$120.63m |
Recent financial health updates
Is Winning Tower Group Holdings (HKG:8362) Using Too Much Debt?
Jun 07
Does Winning Tower Group Holdings (HKG:8362) Have A Healthy Balance Sheet?
Nov 29Recent updates
What You Can Learn From Winning Tower Group Holdings Limited's (HKG:8362) P/SAfter Its 31% Share Price Crash
Apr 25Subdued Growth No Barrier To Winning Tower Group Holdings Limited (HKG:8362) With Shares Advancing 100%
Mar 11What Winning Tower Group Holdings Limited's (HKG:8362) 50% Share Price Gain Is Not Telling You
Jan 25Is Winning Tower Group Holdings (HKG:8362) Using Too Much Debt?
Jun 07Does Winning Tower Group Holdings (HKG:8362) Have A Healthy Balance Sheet?
Nov 29We Discuss Why Winning Tower Group Holdings Limited's (HKG:8362) CEO Compensation May Be Closely Reviewed
May 04Financial Position Analysis
Short Term Liabilities: 8362's short term assets (HK$36.2M) exceed its short term liabilities (HK$22.5M).
Long Term Liabilities: 8362's short term assets (HK$36.2M) exceed its long term liabilities (HK$11.3M).
Debt to Equity History and Analysis
Debt Level: 8362 has more cash than its total debt.
Reducing Debt: 8362's debt to equity ratio has reduced from 19.1% to 10.8% 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: Whilst unprofitable 8362 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8362 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57.8% per year.