Best Food Holding Balance Sheet Health
Financial Health criteria checks 2/6
Best Food Holding has a total shareholder equity of CN¥-4.3M and total debt of CN¥631.2M, which brings its debt-to-equity ratio to -14655.1%. Its total assets and total liabilities are CN¥1.0B and CN¥1.0B respectively.
Key information
-14,655.1%
Debt to equity ratio
CN¥631.20m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥57.11m |
| Equity | -CN¥4.31m |
| Total liabilities | CN¥1.05b |
| Total assets | CN¥1.04b |
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
Revenues Not Telling The Story For Best Food Holding Company Limited (HKG:1488) After Shares Rise 26%
Sep 30Here's Why Best Food Holding Company Limited's (HKG:1488) CEO Might See A Pay Rise Soon
Jun 13Best 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 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 1488 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: 1488 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 1488'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: Whilst unprofitable 1488 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1488 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.7% per year.