Rich Goldman Holdings Limited

SEHK:70 Stock Report

Market Cap: HK$91.1m

Rich Goldman Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Rich Goldman Holdings has a total shareholder equity of HK$1.2B and total debt of HK$211.6M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are HK$1.5B and HK$340.3M respectively.

Key information

18.1%

Debt to equity ratio

HK$211.61m

Debt

Interest coverage ration/a
CashHK$86.54m
EquityHK$1.17b
Total liabilitiesHK$340.32m
Total assetsHK$1.51b

Recent financial health updates

Recent updates

Not Many Are Piling Into Rich Goldman Holdings Limited (HKG:70) Stock Yet As It Plummets 30%

Nov 22
Not Many Are Piling Into Rich Goldman Holdings Limited (HKG:70) Stock Yet As It Plummets 30%

Is Rich Goldman Holdings (HKG:70) Using Debt Sensibly?

Oct 02
Is Rich Goldman Holdings (HKG:70) Using Debt Sensibly?

Potential Upside For Rich Goldman Holdings Limited (HKG:70) Not Without Risk

Jul 05
Potential Upside For Rich Goldman Holdings Limited (HKG:70) Not Without Risk

Rich Goldman Holdings Limited (HKG:70) Doing What It Can To Lift Shares

Mar 04
Rich Goldman Holdings Limited (HKG:70) Doing What It Can To Lift Shares

Would Rich Goldman Holdings (HKG:70) Be Better Off With Less Debt?

Nov 02
Would Rich Goldman Holdings (HKG:70) Be Better Off With Less Debt?

Here's Why Some Shareholders May Not Be Too Generous With Rich Goldman Holdings Limited's (HKG:70) CEO Compensation This Year

Nov 23
Here's Why Some Shareholders May Not Be Too Generous With Rich Goldman Holdings Limited's (HKG:70) CEO Compensation This Year

What Can We Make Of Rich Goldman Holdings' (HKG:70) CEO Compensation?

Feb 23
What Can We Make Of Rich Goldman Holdings' (HKG:70) CEO Compensation?

Financial Position Analysis

Short Term Liabilities: 70's short term assets (HK$214.8M) exceed its short term liabilities (HK$193.6M).

Long Term Liabilities: 70's short term assets (HK$214.8M) exceed its long term liabilities (HK$146.8M).


Debt to Equity History and Analysis

Debt Level: 70's net debt to equity ratio (10.7%) is considered satisfactory.

Reducing Debt: 70's debt to equity ratio has increased from 0% to 18.1% 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: 70 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 70 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 40.3% each year.


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