China Ecotourism Group Balance Sheet Health
Financial Health criteria checks 1/6
China Ecotourism Group has a total shareholder equity of HK$-420.3M and total debt of HK$64.6M, which brings its debt-to-equity ratio to -15.4%. Its total assets and total liabilities are HK$114.6M and HK$534.9M respectively.
Key information
-15.4%
Debt to equity ratio
HK$64.57m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$40.73m |
| Equity | -HK$420.31m |
| Total liabilities | HK$534.91m |
| Total assets | HK$114.60m |
Recent financial health updates
China Ecotourism Group (HKG:1371) Has Debt But No Earnings; Should You Worry?
Oct 07
Is China Ecotourism Group (HKG:1371) A Risky Investment?
Apr 07Is China Ecotourism Group (HKG:1371) Using Debt Sensibly?
Sep 20Is China Ecotourism Group (HKG:1371) Using Too Much Debt?
Apr 02Recent updates
Revenues Working Against China Ecotourism Group Limited's (HKG:1371) Share Price
May 22Improved Revenues Required Before China Ecotourism Group Limited (HKG:1371) Shares Find Their Feet
Jul 11China Ecotourism Group (HKG:1371) Has Debt But No Earnings; Should You Worry?
Oct 07Is China Ecotourism Group (HKG:1371) A Risky Investment?
Apr 07Is China Ecotourism Group (HKG:1371) Using Debt Sensibly?
Sep 20Is China Ecotourism Group (HKG:1371) Using Too Much Debt?
Apr 02Financial Position Analysis
Short Term Liabilities: 1371 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 1371 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1371 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 1371's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: 1371 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1371 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.3% each year