Tasty Concepts Holding Balance Sheet Health
Financial Health criteria checks 4/6
Tasty Concepts Holding has a total shareholder equity of HK$20.2M and total debt of HK$7.3M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are HK$37.1M and HK$16.9M respectively.
Key information
36.1%
Debt to equity ratio
HK$7.27m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$13.26m |
| Equity | HK$20.16m |
| Total liabilities | HK$16.95m |
| Total assets | HK$37.11m |
Financial Position Analysis
Short Term Liabilities: 8096's short term assets (HK$20.9M) exceed its short term liabilities (HK$16.8M).
Long Term Liabilities: 8096's short term assets (HK$20.9M) exceed its long term liabilities (HK$192.0K).
Debt to Equity History and Analysis
Debt Level: 8096 has more cash than its total debt.
Reducing Debt: 8096's debt to equity ratio has increased from 3.7% to 36.1% 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: 8096 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8096 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 8.8% each year.