Success Universe Group Balance Sheet Health
Financial Health criteria checks 5/6
Success Universe Group has a total shareholder equity of HK$850.8M and total debt of HK$483.1M, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are HK$1.4B and HK$509.1M respectively.
Key information
56.8%
Debt to equity ratio
HK$483.10m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$211.58m |
| Equity | HK$850.80m |
| Total liabilities | HK$509.12m |
| Total assets | HK$1.36b |
Recent financial health updates
Success Universe Group (HKG:487) Has Debt But No Earnings; Should You Worry?
Sep 11
Success Universe Group (HKG:487) Is Making Moderate Use Of Debt
Oct 24Would Success Universe Group (HKG:487) Be Better Off With Less Debt?
May 31Would Success Universe Group (HKG:487) Be Better Off With Less Debt?
Nov 18Success Universe Group (HKG:487) Is Making Moderate Use Of Debt
Jun 27Is Success Universe Group (HKG:487) A Risky Investment?
Apr 04Recent updates
Success Universe Group (HKG:487) Has Debt But No Earnings; Should You Worry?
Sep 11What Success Universe Group Limited's (HKG:487) 28% Share Price Gain Is Not Telling You
Feb 15Success Universe Group Limited's (HKG:487) Popularity With Investors Is Under Threat From Overpricing
Dec 28Success Universe Group (HKG:487) Is Making Moderate Use Of Debt
Oct 24Would Success Universe Group (HKG:487) Be Better Off With Less Debt?
May 31Would Success Universe Group (HKG:487) Be Better Off With Less Debt?
Nov 18Success Universe Group (HKG:487) Is Making Moderate Use Of Debt
Jun 27Is Success Universe Group (HKG:487) A Risky Investment?
Apr 04Reflecting on Success Universe Group's (HKG:487) Share Price Returns Over The Last Three Years
Dec 21Financial Position Analysis
Short Term Liabilities: 487's short term assets (HK$313.4M) exceed its short term liabilities (HK$291.8M).
Long Term Liabilities: 487's short term assets (HK$313.4M) exceed its long term liabilities (HK$217.4M).
Debt to Equity History and Analysis
Debt Level: 487's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: 487's debt to equity ratio has increased from 24.7% to 56.8% 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: 487 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 487 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 33.8% each year