Tasty Concepts Holding Balance Sheet Health
Financial Health criteria checks 2/6
Tasty Concepts Holding has a total shareholder equity of HK$-1.9M and total debt of HK$7.5M, which brings its debt-to-equity ratio to -388.9%. Its total assets and total liabilities are HK$27.3M and HK$29.2M respectively.
Key information
-388.9%
Debt to equity ratio
HK$7.45m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$5.65m |
| Equity | -HK$1.92m |
| Total liabilities | HK$29.25m |
| Total assets | HK$27.33m |
Financial Position Analysis
Short Term Liabilities: 8096 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8096 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: 8096 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 8096'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: 8096 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8096 is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.