Asia Grocery Distribution Financial Health
How is Asia Grocery Distribution's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: 8413's short term assets (HK$111.5M) exceed its short term liabilities (HK$16.4M).
Long Term Liabilities: 8413's short term assets (HK$111.5M) exceed its long term liabilities (HK$5.3M).
Debt to Equity History and Analysis
Debt Level: 8413 has more cash than its total debt.
Reducing Debt: 8413's debt to equity ratio has increased from 7.3% to 8.3% over the past 5 years.
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: 8413 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 8413 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 14.4% each year