Asia Grocery Distribution Balance Sheet Health
Financial Health criteria checks 6/6
Asia Grocery Distribution has a total shareholder equity of HK$96.6M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$132.1M and HK$35.5M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$36.58m |
| Equity | HK$96.63m |
| Total liabilities | HK$35.48m |
| Total assets | HK$132.11m |
Recent financial health updates
Is Asia Grocery Distribution (HKG:8413) Weighed On By Its Debt Load?
Aug 09
Is Asia Grocery Distribution (HKG:8413) A Risky Investment?
Mar 02Companies Like Asia Grocery Distribution (HKG:8413) Are In A Position To Invest In Growth
Nov 17Recent updates
Asia Grocery Distribution Limited's (HKG:8413) 32% Jump Shows Its Popularity With Investors
Jan 26Is Asia Grocery Distribution (HKG:8413) Weighed On By Its Debt Load?
Aug 09Asia Grocery Distribution Limited's (HKG:8413) Business Is Yet to Catch Up With Its Share Price
Apr 17Capital Allocation Trends At Asia Grocery Distribution (HKG:8413) Aren't Ideal
Mar 02Is Asia Grocery Distribution (HKG:8413) A Risky Investment?
Mar 02Companies Like Asia Grocery Distribution (HKG:8413) Are In A Position To Invest In Growth
Nov 17Asia Grocery Distribution (HKG:8413) Share Prices Have Dropped 59% In The Last Three Years
Dec 22
Financial Position Analysis
Short Term Liabilities: 8413's short term assets (HK$111.7M) exceed its short term liabilities (HK$25.3M).
Long Term Liabilities: 8413's short term assets (HK$111.7M) exceed its long term liabilities (HK$10.2M).
Debt to Equity History and Analysis
Debt Level: 8413 is debt free.
Reducing Debt: 8413 had no debt 5 years ago.
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 8413 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8413 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17% per year.