Best Food Holding Balance Sheet Health
Financial Health criteria checks 0/6
Best Food Holding has a total shareholder equity of CN¥46.8M and total debt of CN¥605.4M, which brings its debt-to-equity ratio to 1294.9%. Its total assets and total liabilities are CN¥1.1B and CN¥1.1B respectively.
Key information
1,294.9%
Debt to equity ratio
CN¥605.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥71.76m |
| Equity | CN¥46.75m |
| Total liabilities | CN¥1.06b |
| Total assets | CN¥1.11b |
Recent financial health updates
Does Best Food Holding (HKG:1488) Have A Healthy Balance Sheet?
Dec 04
Would Best Food Holding (HKG:1488) Be Better Off With Less Debt?
Sep 04Is Best Food Holding (HKG:1488) Using Debt In A Risky Way?
Dec 05Does Best Food Holding (HKG:1488) Have A Healthy Balance Sheet?
May 17Is Best Food Holding (HKG:1488) Using Too Much Debt?
Dec 10Recent updates
Best Food Holding Company Limited's (HKG:1488) Share Price Could Signal Some Risk
Apr 09Does Best Food Holding (HKG:1488) Have A Healthy Balance Sheet?
Dec 04Would Best Food Holding (HKG:1488) Be Better Off With Less Debt?
Sep 04Is Best Food Holding (HKG:1488) Using Debt In A Risky Way?
Dec 05Does Best Food Holding (HKG:1488) Have A Healthy Balance Sheet?
May 17Is Best Food Holding (HKG:1488) Using Too Much Debt?
Dec 10Financial Position Analysis
Short Term Liabilities: 1488's short term assets (CN¥201.6M) do not cover its short term liabilities (CN¥298.0M).
Long Term Liabilities: 1488's short term assets (CN¥201.6M) do not cover its long term liabilities (CN¥763.6M).
Debt to Equity History and Analysis
Debt Level: 1488's net debt to equity ratio (1141.4%) is considered high.
Reducing Debt: 1488's debt to equity ratio has increased from 78.5% to 1294.9% 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: Insufficient data to determine if 1488 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1488 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.